Determine which forecast is best

Assignment Help Business Management
Reference no: EM1332754

A hospital records the number of floral deliveries its patients receive each week. For an eight week period, the records show 26, 19, 15, 28, 25, 26, 17, 23.

a. Forecast deliveries using a three week moving average.

b. Use exponential smoothing with a smoothing constant of .4 to forecast the number of deliveries

c. How would we determine which forecast is best?

Reference no: EM1332754

Questions Cloud

Comparing the open and closed organizations : Compare and contrast closed and rational organizations with open and non-rational organizations. Define the main concepts that separate these two types of organizations.
Developing good career networking contacts : What can you do to develop good career networking contacts?
Comparing which is the current quote has the japanese : Comparing which is the current quote has the Japanese dollar appreciated or depreciated.
Binomial option and risk-neutral : Critically discuss the differences between the binomial option pricing model and risk-neutral method of option pricing.
Determine which forecast is best : A hospital records the number of floral deliveries its patients receive each week. For an eight week period, the records show 26, 19, 15, 28, 25, 26, 17, 23. How would we determine which forecast is best?
Claim of national origin discrimination : Calvin Roach, a native-born American of Acadian descent, want a two hundred words or more explanation of the below question. If references are used I need them listed.
Officer corruption or misconduct : Discuss the two approaches for addressing police corruption and misconduct, and compare the pros and cons of each one.
Design a "clear" button that clears all of the hours worked : make a "Calculate" button to perform the pay calculations for all of the employees.
Explain intranet, internet, extranet- use in a wholesale : Explain Intranet, Internet, Extranet- use in a wholesale electronics company

Reviews

Write a Review

 

Business Management Questions & Answers

  Ethical and socially responsible-gender makes better leaders

Is it ethical and socially responsible to say that one gender makes better leaders?

  Products and marketing for triangle solutions

Provide some ideas for marketing strategies may be employed to effectively introduce this product to the market. What channels will be used? What aspect(s) of the product must be emphasized? How will it be priced? How will these approaches achieve..

  Legal and ethical issues

What legal and ethical issues are apparent in these events? Have fiduciary duties owed to the LLC been violated? Are there any additional facts that we would need to find out in order to resolve this dispute?

  Argument for pmo model

Make an argument for the PMO model they should be adopting. What are some of the key decision criteria that will help them determine which PMO model makes most sense?

  Building an integrated project management system

building an integrated project management system

  Determining gross income

Donald was killed in an accident while he was on the job in 2013. His employer had provided Donald with group term life insurance of $160,000 (twice his annual salary), which was payable to his widow, Darlene Premium on this policy totalling $2,70..

  Mechanical for full page

Briefly describe what would be found in a "mechanical" for a full page, full color magazine print ad-Finally, suggest a celebrity "spokesperson" that we could use in the ad, money is no object.

  Explaining conceptualizing as prime leadership talent

Greenleaf refers to "conceptualizing" as the prime leadership talent.

  Evaluating court-s decision

Next, look up the case. What did the court decide, and why? Do you agree with the court's decision?

  Social responsibilities of pharmaceutical companies

What social responsibilities do pharmaceutical companies have that differs from other types of companies? Who are the primary stakeholders a pharmaceutical company has and how do you think they are prioritized?

  Five specific things of ineffective leader

Describe an Ineffective leader: Then, List up to five specific things that the person (your leader) did or said that made you see him or her as a POOR leader?

  Success of specialty clothing store

The success of specialty clothing store has come at the expense of large department stores like Sears also J C Penney.

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