User Account

All Pages

Foretasted demand for december

Assignment Help Business Management
Reference no: EM131661750

1. The forecast for demand in October 2016 was for 2500 units but actual demand in October 2016 was 2000 units. 

a. Using an exponential smoothing model with alpha () equal to 0.2, forecast demand for November 2016.

b. If, a month from now, actual demand in November 2016 was 3000 units, what would be the foretasted demand for December 2016?

And my answers to each question is as follows:

a. Demand forecast for November 2016 is 2400.

b. Demand forecast for December 2016 is 2520.

Does my answers seems accurate?

If not, can you please help me understand how to approach the question?

Reference no: EM131661750

Questions Cloud

Area of the deadweight loss : If a price ceiling of $11.13 is imposed, what will be the area of the deadweight loss?
Decision to seize the steel mills in the youngstown sheet : Consider President Harry Truman's executive decision to seize the steel mills in the Youngstown Sheet & Tube, Co. v. Sawyer case.
Write a recursive method that will duplicate each character : Write a recursive method that will duplicate each character in a string and return the result as a new string.
What area did you choose and why did it interest you : What area did you choose, and why did it interest you? What are major soil issues in this area? What ways can individuals make choices that support soil health?
Foretasted demand for december : If, a month from now, actual demand in November 2016 was 3000 units, what would be the foretasted demand for December 2016?
Find the repeated value after the array is sorted : If a value in an array of base type int occurs twice-for example, both b[0] and b[5] are 7-and you sort the array by using the method Merge Sort.
What industries are they and why does it suit them : Some industries are more suited to a Matrix Environment. What industries are they and why does it suit them.
Company has used the consumer decision process model : explain how the company has used the consumer decision process model to effectively market the product or service to you.
What are the total production costs : Of this amount, total variable costs are $50,000. What are the total production costs when 25,000 packages of razors are produced

Reviews

Write a Review

Business Management Questions & Answers

  Supply of ocean water

The supply of ocean water is essentially unlimited. Hint: Work this problem on the basis of profit per ounce of gold extracted. (2.4)

  Illustrate what does mckenna mean in marketing is everything

Illustrate what does McKenna mean in "Marketing is everything" which advertising is obsolete, do you agree or disagree? When lunching a new brand it was discussed which it is best to build the brand first with PR and then sustain it with this asse..

  Integrating mobile shopping

Integrating mobile shopping with the social media app interest allows customers to see what is popular, which ultimately benefits both the customer and Nordstrom. Nowadays people have the internet  literally at their fingertips 24/7 and it is importa..

  Search the web for an example of each of the five major

prepare 2-3 pages review of the panelist discussion regarding e-business issues and practices in doing business

  Should individuals save for their own retirement rather

should individuals save for their own retirement rather than social security benefits?the government now spends close

  Analyze how the diversity of different stakeholder

analyze how the diversity of different stakeholder preferences can impact the organization's social responsibility initiatives

  Write about alessandro bogliolo

Write about alessandro bogliolo - Leadership qualities, style and relevant theory

  Illustrate what should the coordinates of the new factory

The expected annual volumes expected to be shipped through the three warehouses is forecast to be 20 million units through A, 100 million through B and 50 million through C. Using the centroid method, approximately illustrate what should the coord..

  Employee wants to make changes to planning

But if the manager is "old School" and an employee "new School" and the employee wants to make changes to planning, could there be issues?

  Improving diversity and inclusion at the company

1. Why is Pfizer interested in improving diversity and inclusion at the company?

  Corporate culture influencesshow the importance of

corporate culture influencesshow the importance of organizational culture its importance relative to organization goals

  Why do you think business writing differs from school essay

Why do you think business writing differs from school essay writing? List the three phases of the writing process and summarize what happens in each phase. Which phase requires the most time?

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