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

Operations scheduling in job shop type production, Operations Scheduling in...

Operations Scheduling in job shop type production Operations scheduling is the organizing function of an operations manager. This function of the operation manager is most impor

Discuss the fundamental role of managers and leaders, In organizations ther...

In organizations there are supervisors, managers and leaders. What makes them different? Define each role and discuss the fundamental differences of each. Give position specific ex

Define the reasons why a firm would seek iso registration, Discuss the reas...

Discuss the reasons why a firm would seek ISO 9000 registration.

Explain income levels and income distribution among nations, How do differe...

How do differences in income levels and income distribution among nations affect international businesses?

Explain kudler fine foods virtual organization, Resources: University Libra...

Resources: University Library, Kudler Fine Foods Virtual Organization Use the Virtual Organization link on the student website to access additional company information on Kudler

Factors responsible for plant location choice, Factors Responsible for plan...

Factors Responsible for plant Location choice The physical factors associated with location of an enterprise can have a significant impact on the operations of an enterprise a

Explain responsibility and immediately begin clean-up, MKD Transportation o...

MKD Transportation owns and operates a fleet of container ships and tankers that transport goods around the globe. Company executives have just been contacted by the media with a c

Develop your major negotiation temperaments, Today, you have a meeting with...

Today, you have a meeting with one of the Humanitarian workers (Latisha Jones) concerning raising awareness for drunk driving in your local community. This is the fifth time that y

Explain what assignment minimizes the total traffic flow, Six processes are...

Six processes are to be laid out in six areas along a long corridor at Linda Babat Accounting Services. The distance between adjacent work centres is 40 feet. The number of trips b

Explain the key factors in effective project control, Identify and describe...

Identify and describe the key factor(s) in effective project control.

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