Using exponential smoothing with alpha

Assignment Help Operation Management
Reference no: EM13954075

We know the demand for week 11 and 12 are 172 and 155, respectively. Using exponential smoothing with alpha = 0.44, and assuming that the forecast for period 11 was 110, what would the forecast for period 13 be?

Reference no: EM13954075

Questions Cloud

Why would wal-mart want strong local control of stores : Other than a need to expand, what other reasons would Wal-Mart have for opening stores globally? Why would it be beneficial for Wal-Mart to have suppliers in different countries? Why would Wal-Mart want strong centralized control of its stores? Why w..
Debits and credits for carnival corporation : Assume that Carnival Corporation borrows $250 million by signing a promissory note. The next day the company uses the money to buy a new ship.
Criticism of the companys mission statement : Create a three-column table in which you (1) list the salient characteristics of the mission statement; (2) identify those elements of the mission statement that comport with the characteristic from the article, and (3) provide any comments, recommen..
Explain tay-sachs disease : Compare and contrast DNA and RNA. Discuss why humans did not evolve with one central repository of DNA, but rather it is replicated throughout the body?
Using exponential smoothing with alpha : We know the demand for week 11 and 12 are 172 and 155, respectively. Using exponential smoothing with alpha = 0.44, and assuming that the forecast for period 11 was 110, what would the forecast for period 13 be?
Problem regarding the susan applies for a loan : Susan Spiffy, owner of Spiffy Cleaners, a drive-through dry cleaners, would like to expand her business from its current location to a chain of cleaners.
Change of organizational theory over the last century : Businesses to continue to succeed must always maintain a competitive advantage in the marketplace. The key to doing this has changed over the last century as is illustrated in our discussion in week one of the 21st century business challenges. Using ..
Describe briefly what services they contribute : Provide a description of an organization ( use the U.S. Air Force) and describe briefly what services they contribute. Then, answer these questions: identify at least 2 types of hardware & 2 types of software used by this organization. What has this ..
Prepare a structured product which allows pen : Prepare a structured product which allows PEN 5,000,000 95% coverage of investment and whose appreciation potential linked to the increase in the Dow (DIA ETF), the product will have a term of 2 years

Reviews

Write a Review

Operation Management Questions & Answers

  You must prepare a formal 10-12 page research paper on a

you must prepare a formal 10-12 page research paper on a topic of your choice related to a major air cargo operator or

  Describe the steps in the decision-making process

Describe the steps in the decision-making process, and predict how the personal attributes of the manager influence decision making.

  Estimate average length of the waiting line

At a border vehicles arrive at the rate of 9 pr minute in a poisson distribution. for simplicity in this problem assume that there is only one lane

  How much does harrison need to know about operations

Prepare a worksheet of operations activities that Harrison should inquire about this summer and to manage the firm, how much does Harrison need to know about operations? Why?

  Evaluate the role of an executive level bpm group

Evaluate the role of an Executive Level BPM Group. Who would be members of that group also Elucidate how is this group responsible for reducing resistance to change.

  Describe the nature of leadership

Describe the nature of leadership and relate leadership to management and what are the distinctions between management and leadership?

  Describe an individual''s quest for need satisfaction

According to Maslow's theory of human motivation, why can we describe an individual's quest for need satisfaction as progressive progress

  Describe the kind and strategies of control applied

Describe the kind and strategies of control applied by your manager to control the employees' job. Be specific by showing examples. In case you are not working, please, refer to your last job. Evaluate the control system applied by your manager by fo..

  Explain the concept of the focused factory

Explain the concept of the focused factory. Why is this concept considered important in Operations Management?

  Obstacles to implementing roi measures

What advantages accrue to training evaluation that measures return on investment (ROI)? What are some of the obstacles to implementing ROI measures.

  What point in the project procurement management process

Verification by the buyer of whether the products, services, or deliverables provided by the seller meets the buyer’s acceptance criteria occurs at what point in the Project Procurement Management process?

  Regular voting for directors of company

Discuss the pros and cons of cumulative voting vice regular voting for Directors of a company. Why would a company choose one over the other? Who benefits from each type: shareholders, management, directors, or some other entity

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