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The Midwestern Manufacturing Company (MMC) is a large manufacturer of electrical generators. The firm has experienced demand for their generators as shown below:
Year Demand
2003 74
2004 79
2005 80
2006 90
2007 105
2008 142
2009 122
For the questions below, create EXCEL worksheets naming the tabs as indicated.
a. Calculate a forecast for 2010 using a 3 year moving average. Place your results in a worksheet tab named Q1.
b. Calculate a forecast for 2010 using exponential smoothing. Use .7 as your Alpha value. Place your results in worksheet tab Q1.
c. Using Mean Absolute Deviation as your criteria, determine which method performs best. Explain your decision. Place your results in worksheet tab Q1.
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what are the objective and importance of cost accounting and managerial decision making.
Statistical inference is that branch of statistics Statistical inference is that branch of statistics which is concerned with using probability concept to deal with uncertainty
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5. Perform a factorial MANOVA on the data. Before interpreting the multivariate results of the MANOVA, check outcomes that test other assumptions for this statistic: equality of co
Volumes due from personal individuals or companies for products, and/or solutions equipped by the condition. Records Receivable does not involve amounts due from other companies, r
How do I calculate the temperature change of a sample?
Impact of government regulation on managerial Decision making Impact of government regulation on managerial Decision making how methods of control can influence market prices.
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