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

Explain mangers and their companies currently performing, How are these man...

How are these mangers and their companies currently performing?

Explain use the marketing research, CASE STUDY Jerry Smith is thinking abou...

CASE STUDY Jerry Smith is thinking about opening a bicycle shop in his hometown. Jerry loves to take his own bike on 50-mile trips with his friends, but he believes that any small

Explain business-level strategy, "Business-Level Strategy" Please respond t...

"Business-Level Strategy" Please respond to the following: • From the first e-Activity, assess your satisfaction with the company you researched and make recommendations about h

What is operations management, Q: What is operations management?  A: Ope...

Q: What is operations management?  A: Operations management is the planning, organising and control of systems which produce goods and services. It is one of the most important

Sequencing.., program to find optimal sequence, total elapsed time and tota...

program to find optimal sequence, total elapsed time and total idle time in 6 jobs and 3 machines

Explain did jeanne do a good job of communicating, Did Jeanne do a good job...

Did Jeanne do a good job of communicating with her manager?

Layout, what are the objectives that an operation should seek in order to e...

what are the objectives that an operation should seek in order to ensure a good layout?

Explain why do resource constraints affect project results, Explain work br...

Explain work breakdown structure. Why do resource constraints affect project results?

Explain the most appropriate for domino''s to consider, Evaluate alternativ...

Evaluate alternative structures to determine which one would be most appropriate for Domino's to consider and discuss likely benefits Domino%u2019s would realize from adopting that

Explain disadvantages from the healthcare organizations, Determine two adva...

Determine two advantages and two disadvantages from the healthcare organizations perspective for requiring a Certificate4 of Need (CON). Identify 3 states that require a Certificat

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