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Do NOT use Minitab for this problem; you may use Excel. Handy, Inc. produces a solar powered electronic calculator that has experienced the following monthly sales history for the first four months of the year, in thousands of units: January 23.3 February 72.3 March 30.3 April 15.5 a. If the forecast for January was 25, determine the one-period-ahead forecasts for February through May using simple exponential smoothing with a smoothing constant of =0.15. b. Repeat the calculation in part a) for a value of =0.40. What difference in the forecasts do you observe? c. Compute the MSEs for the forecasts you obtained in parts a) and b) for February through April. Which value of gave more accurate forecasts, based on the MSE?
These are TWO different short answer discussion questions please answer EACH question in the discussion and list references many motivational theories focus on the motivational qua
how to solve the problem?
what is hierarchy
What changes in the environment provided the opportunity for the Dewmocracy approach?
No one (or no organization) would make a decision based off of imperfect information. However, for a variety of reasons, many times organizations have had to function and make deci
The government spends a large amount of money each year on contracts. In fact, the federal procurement department spent over $425 billion in the fiscal year 2006 with over $33 mill
How does the transformation process apply to the field of construction management, and how you might apply the basic concepts?
Question 1 of 6. Amber Patel operates a delicatessen store in South Lambert, Nevada. Currently, the store has 4 employees, each one working 160 hours per month. Because of its exce
Knowledge and skills in areas of general business such as finance, accounting, marketing, and operations planning relate to _______________________________ competencies
Itemize and discuss the different types of strikes and lock outs, their roles in labour relations and their legal restrictions in private and public sectors. Discuss the use of str
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