User Account

All Pages

Forecast the values of sales

Assignment Help Business Management
Reference no: EM131282752

Apply Holt-Winters Double exponential smoothing (without seasonality) to forecast the values of sales X for periods 13 and 14, using α = 0.2 and β = 0.3. Assume 12 months of sales data, as shown in the table below:

Month t

Sales Xt

1

152

2

176

3

160

4

192

5

220

6

272

7

256

8

280

9

300

10

280

11

312

12

328

Reference no: EM131282752

Questions Cloud

Difference between the law of demand : State and explain the difference between the law of demand and the law of supply. What does the phrase ‘other things equal" mean? Why do we need that?
Holt-winters double exponential smoothing : Apply Holt-Winters Double exponential smoothing (without seasonality) to forecast the values of sales X for periods 13 and 14, using α = 0.2 and β = 0.3. Assume 12 months of sales data, as shown in the table below:
Analyze the effects of economic problems such as inflation : Explain the impotance of economic development and growth on the whole economy. Analyze the effects of economic problems such as inflation, recession and unemployment on the economy equilibrium.
What about a utilities company or a cellular phone company : When apparel manufacturers develop their marketing strategies, do they concentrate on satisfying their customers' needs or wants?-  What about a utilities company or a cellular phone company?
Forecast the values of sales : Apply Holt-Winters Double exponential smoothing (without seasonality) to forecast the values of sales X for periods 13 and 14, using α = 0.2 and β = 0.3. Assume 12 months of sales data, as shown in the table below:
Example of societal need or ethical business practice : Provide examples of three firms that are involved in both B2C and B2B marketing.- Provide an example of a societal need or ethical business practice that a specific marketer is addressing.
Calculate the thickness of the hydrodynamic boundary layer : Engine oil at 100°C flows over and parallel to a flat surface at a velocity of 3 m/s. Calculate the thickness of the hydrodynamic boundary layer at a distance 0.3 m from the leading edge of the surface.
Trend complicate the product design process : The product life cycle for many products is getting shorter. In what ways does this trend complicate the product design process? Can you think of any advantages to shorter product life cycles for firms that have exemplary product design processes?
Develop an argument that would persuade them otherwise : They are arguing that the company could save millions of dollars if they just got rid of the marketing department. Develop an argument that would persuade them otherwise.

Reviews

Write a Review

Business Management Questions & Answers

  Develop a comprehensive plan to address conflict documented

Develop a comprehensive plan to address the conflict documented in the Wells Fargo Advisors' article from a team leadership perspective. Assume the role of the Chicago branch manager, leading teams of advisors all over region.

  What is a good template to write a business plan

What is a good template to write a business plan?  What kind of things should it cover? How long should it be?

  Benefits of the planning stage for managers

Discuss one to two (1-2) benefits of the planning stage for managers. Next, describe your planning process at work or school. Your response should include how you know when you need to develop a plan, how long you take to plan for a project or work r..

  International market research

International Market Research

  Distinguish nonprobability from probability sampling method

Distinguish a nonprobability from a probability sampling method. Which one is the preferable method and why?- Indicate the pros and cons associated with probability and nonprobability sampling methods.

  Leadership development on individuals

Provide a thorough explanation of the importance of leadership development. You may include responses to the following: Why is leadership development important to organizations? Why is leadership development important to members of an organization..

  Organizational barriers to changein an organization its

organizational barriers to changein an organization its members are prone to inertia and are slow to learn adapt and

  Would you train only foreign managers

Would you train only foreign managers, or would you include local Thai employees as well? What topics should a training program include?

  Designed to obtain feedback from potential customers

ABC Inc. wants to build a new web site to sell their "clearance" products and they are planning to publish a proposed website site designed to obtain feedback from "potential customers".

  Evaluate the impact of unemployment on work motivation

If many unemployed are spending around 2 hours/day looking for work as some research indicates, how would you evaluate the impact of unemployment on work motivation?

  Explain a market researcher plans to sample sales receipts

Explain A market researcher plans to sample sales receipts at a natural food store to estimate the average size

  Segmenting businessesfind the following definition when

segmenting businessesfind the following definition when businesses profitability growth and cash flow complement each

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd