Fascinated with the exponential smoothing technique

Assignment Help Operation Management
Reference no: EM131710787

Your new manager is a rising star within the company who just completed an MBA degree and they are fascinated with the exponential smoothing technique. Generate a forecast for period 5 using that technique with the following data and an alpha value of 0.39. (Keep one decimal place in your answer) Period Actual 1: 1390 2: 1380 3: 1389 4: 1776.

Reference no: EM131710787

Questions Cloud

Essentials for strategic management : There are six methods to evaluate an adaptive strategy named in our text; Essentials for Strategic Management
Define the population of ralph quantitative study : Define the population of Ralph’s quantitative study.
Describe a trainer and instructor led learning experience : describe a trainer/instructor led learning experience that you thought was ineffective and specifically what training delivery techniques.
Can ethics training actually change employees behaviors : In response to unethical behavior in the workplace, Can ethics training actually change employees' behaviors? Explain in detail.
Fascinated with the exponential smoothing technique : Your new manager is a rising star within the company who just completed an MBA degree and they are fascinated with the exponential smoothing technique.
According to the merriam-webster dictionary : According to the Merriam-Webster dictionary, a schema is “a mental codification of experience that includes a particular organized way of perceiving cognitively
Law of contracts may have addressed those same violations : Explain how the law of contracts may have addressed those same violations? Lying, cheating, breaking promises, and stealing.
What opportunities and threats face starbucks : What are the strategic factors that contribute to Starbuck’s brand equity? What opportunities and threats face Starbucks?
Determine optimal order quantity-number of orders per year : Determine the optimal order quantity. Determine the number of orders per year.

Reviews

Write a Review

Operation Management Questions & Answers

  Identify the various types of managed care plans

Identify the various types of managed care plans. List issues that have impacted the doctor-patient relationship due to the development of MCOs and the change in what the MCO expects from a doctor. After listing the issues, discuss the positives and/..

  More important in selecting the right person for right job

Determine whether ability or motivation is more important in selecting the right person for the right job.

  What is the lab capacity utilization

The hematology lab manager has been receiving complaints that the turnaround time for blood tests is too long. Data from the past month show that the arrival rate of blood samples to one technician in the lab is five per hour and the service rate is ..

  Identify and describe four conditions

Identify and describe four conditions which, if one or more is present, dictate that competitive bidding not be employed.

  Calculate the total annual cost using the eoq

Determine the economic order quantity and determine the reorder point - Calculate the total annual cost using the EOQ

  Important to mention tardiness in letter of recommendation

A former employee was often late for work but was an excellent and fast worker who gets along with everyone. Do you think that it is important to mention the tardiness in a letter of recommendation to a potential employer? If so, how would you handle..

  Determine and summarize the generic strategy

Using your same organization from last week's discussion, research, analyze, determine and summarize the generic strategy that the organization is pursuing. In your opinion is this a successful strategy for the organization

  Determine how many cash registers the restaurant should

a fast-food restaurant averages 150 customers per hour. the average processing time per customer is 90 seconds.a.

  Find the effective gross hourly cost

Find the effective gross hourly cost. What is the job cost if a job will require 10 man-hours with a productivity of 94%?

  What additional company aspects are desirable

Other than the company’s technical offerings, what additional company aspects are desirable?

  Calculating the mad, mse, and mape

The Cardinal Electronics Company must project the sales of cellular phones for the next year (called year 2). The number of cell phones sold by Cardinal Electronics in each of the past 6 months.

  Vision statement and mission statement

Describe the difference between a vision statement and a mission statement. What is the purpose of each statement? Provide an example of a strong vision and mission statement used by an organization today. What qualities do these have that make them ..

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