What is the mad for the exponentially smoothed forecasts

Assignment Help Financial Accounting
Reference no: EM132968345

Community General Hospital finds itself treating many bicycle accident victims. Data from the last seven 24-hour periods is shown below:

Day         Bicycle Victims
1            10
2              6
3            19
4             22
5              28
6             28

Problem 1: What is the exponentially smoothed forecast for day 6? (Round to two decimal places) .

Problem 2: What is the MAD for the exponentially smoothed forecasts for days 4 through 6 using alpha=0.33? (Round to two decimal places)

Problem 3: What is the MSE for the exponentially smoothed forecasts for days 4 through 6 with alpha=0.33?

Reference no: EM132968345

Questions Cloud

What is the exponentially smoothed forecast for day four : With an alpha value of 0.33 and a starting forecast in day 3 equal to the 17 , what is the exponentially smoothed forecast for day 4?
Describing qualitative methodology : Methodology Justification... What are Seminal sources describing qualitative methodology? Justification against qualitative?
Case-burwell v hobby lobby stores : The basis for this discussion is the U.S. Supreme Court case of Burwell v. Hobby Lobby Stores, Inc.
How does firm size of affect risk and required return : How does firm size of affect risk and required return and How would you estimate the beta for a publicly traded firm? For a private firm
What is the mad for the exponentially smoothed forecasts : What is the MAD for the exponentially smoothed forecasts for days 4 through 6 using alpha=0.33? What is the exponentially smoothed forecast for day 6?
Strategies for managing ethics : Strategies for Managing Ethics: How Do Companies Manage Ethics". Then discuss which two of these strategies are most likely to be effective in the UAE, and give
Case-gorman manufacturing company : The Gorman Manufacturing Company must decide whether to 24 points manufacture a component part at its Milan, Michigan, plant or purchase the component part from
Develop an efe matrix : Prepare a SWOT matrix for a current place of work, or for an organization to which you belong. Apply the Porter's 5 force model to assess whether you believe yo
Overthrow of the government in the country : This assignment involves choosing a consumer product that is used in this country, selecting a foreign country in which to introduce it and explaining how you w

Reviews

Write a Review

Financial Accounting Questions & Answers

  Financial statement analysis and preparation

Financial Statement Analysis and Preparation

  Shareholder of a company

Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?

  Financial and accounting principles

An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.

  Prepare a statement of cash flow using the direct method

Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.

  Financial accounting assignment

This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited

  Prepare general journal entries for goela

Prepare general journal entries for Goela Ltd

  Principles of financial accounting

Prepare the journal entry to record the acquisition of the assets.

  Prepare general journal entries to record the transactions

Prepare general journal entries to record the transactions, assuming use of the periodic inventory system

  Global reporting initiative

Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.

  Explain the iasb conceptual frameworks

Explain the IASB Conceptual Framework's perspective of users and their decisions.

  Determine the company''s financial statements

T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .

  Computation of free cash flow

Computation of Free Cash Flow

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd