User Account

All Pages

What is the one-step ahead forecast made in june for july

Assignment Help Operation Management
Reference no: EM133243124

Shoreline Park in Mountain View, California, has kept close tabs on the number of patrons using the park since its opening in January 1993. For the first six months of 2018, the following figures were recorded

Month # of Patrons
Jan

133
Feb 183
Mar 285
Apr 640
May 1876
Jun 2550
Assume that the intercept and slope of the series at the end of June are:

S June: 1918

G June: 406

Use these numbers as the initial values of slope and intercept required in Double Exponential Smoothing (DES) method. Assume that Alpha = .15 and Beta = .10 for all calculations.

a) What is the one-step ahead forecast made in June for July? What is the multi-step ahead forecast made in June for August

Please show all work and formulas

Reference no: EM133243124

Questions Cloud

Discuss how and erp system could be used : For an organization of your choice, such as where you are presently working or you have previously worked, discuss how and ERP (Enterprise Resource Planning) sy
How should henry and catherine respond : Henry and Catherine, a Christian married couple, own a shop on the main street of a mid-sized town (similar to Broad Street in Rome). One of their employees, Fr
Assess toyco ability to encourage learning in its employees : To assess ToyCo's ability to encourage learning in its employees. You were asked to apply the experiential learning cycle, the 3 Pillars of learning, Learning O
Discuss three facets of building an organization capable : Discuss three facets of building an organization capable of proficient strategy execution. Explain what is involved in building an organization capability?
What is the one-step ahead forecast made in june for july : Shoreline Park in Mountain View, California, has kept close tabs on the number of patrons using the park since its opening in January 1993. For the first six mo
Fashionsia shift in competitive strategy : FashionSia is one of the fashion companies operating in Saudi Arabia. It has been a leader in the fashion industry for more than 30 years. FashionSia manufactur
How businesses-organizations could benefit from microservice : This is Software Analysis and Engineering please assist me with this. Explain how businesses and organizations could benefit from Microservices.
Create a visual and audio presentation : After completing the readings and activities for Lesson 1, create a visual and audio presentation addressing the following questions.
Developing world where labor costs are lower : Under what conditions is it ethically defensible to outsource production to the developing world where labor costs are lower when such actions also involve layi

Reviews

Write a Review

Operation Management Questions & Answers

  Act of understanding something as temporally immobile

Static evaluation is the act of understanding something as temporally immobile. In the sense that we may view a person as, say, anxious without consideration for the precursors for that (situations in life that may result in heightened anxiety over t..

  Using diverse-multicultural teams in today organizations

What are some potential problems that must be overcome when using diverse, multicultural teams in today's organizations? Explain

  Manager risk tolerance based on the above information

In the context of software development projects, a program manager was faced with the following choice last year:He had to option of going with a vendor who proposed a bid which was partly based on future integration costs that were beyond their cont..

  Competitive advantage drives globalization strategies

Explain how resource-based competitive advantage drives globalization strategies for Fortune 500 firms.

  What is inputs and outputs regarding systems thinking

What is inputs and outputs regarding systems thinking?

  Discuss the market and manufacturing requirements

Discuss the market and manufacturing requirements that make apporpriate to use MRP and Just-In-Time.

  Main elements of employee relations system

What are the main elements of employee relations system.

  Why it was necessary to terminate tristan

Write a memo from Josie Sung to the Board explaining why it was necessary to terminate Tristan.

  Statements accurately describe the gig economy

Which of these statements accurately describe(s) the "gig" (or sharing) economy? When suppliers endure audit after audit by different lead firms, this is called

  Global logistics and supply chain

Global Logistics and Supply Chain-Explain what a pro-forma invoice is and how it relates to a commercial invoice.

  (strengths-weaknesses-opportunities and threats

Develop a SWOT (Strengths, Weaknesses, Opportunities, Threats) analysis for marketing and advertising the importance of higher education to not only women but other minorities in the United States.

  Future risks-impediments or unexpected external

Create your own business problem around how to maximize employee productivity in a business office . Next, provide a brief evaluation of the impact of 1) Past decision processes; 2) Future risks, impediments, or windfalls; and 3) Unexpected external ..

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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