Explain smoothing constan, Operation Management

Assignment Help:

Systembolaget uses forecasting to predict the number of bottles they think they will sell the next day. Below are the number of bottles sold each day during the five-day work week for the past three weeks: 140, 172, 144, 112, 162, 135, 158, 174, 146, 172, 163, 141, 162, 138, 159. Use a five day moving average to forecast the number of bottles that Systembolaget expect to sell during the upcoming week! What is the forecast for the next time period if Systembolaget uses exponential smoothing with a smoothing constant of .2?


Related Discussions:- Explain smoothing constan

Linear programming model, You are manger of a bakery, where only pizza's ar...

You are manger of a bakery, where only pizza's are baked. For this purpose,you purchse flour at a rate of Rs.4/kg. It is notices that in a week at most five pizza's can be sold. At

Integrated solutions in product design, Integrated solutions in product des...

Integrated solutions in product design and control of machinery are based on    CAD and CAM technologies.

Explain importing australian wine to the united states, Food is an integral...

Food is an integral part of understanding different countries, cultures, and lifestyles. In fact, your company is interested in importing Australian wine to the United States. Howe

Sequencing problem, what mean passing time is not allowed in sequencing pro...

what mean passing time is not allowed in sequencing problem in operation research

Explain support of senior management, Project failure can result from all o...

Project failure can result from all of the following causes EXCEPT- A. Support of senior management B. Changes in scope are not agreed upon by all parties involved C. Too

I want to have someone to do a case study, I need to have someone to do a c...

I need to have someone to do a case study for me using a case study template. Has to be all original.

Explain what is the status of the internet contract, Beth advertised her 20...

Beth advertised her 2005 Corvette for sale on the Internet. In her advertisement, she falsely stated that the vehicle had only been driven 60,000 miles when in fact it had been dri

Explain situation where instruction is not necessary, What would be an exam...

What would be an example of a situation where instruction is not necessary to solve a performance problem?

Are service operation different from manufacturing operation, Q: Are servic...

Q: Are service operations different from manufacturing operations?  Ans: The immediate answer is yes. However, if we categorise operating systems by one of the variables mention

Describe does anyone have a screenshot of page, Does anyone have a screensh...

Does anyone have a screenshot of page 91 so that I can do question 3.14? My book has not come in yet and the eBook trail that I have been using does not have that question in it. I

Write Your Message!

Captcha
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