Explain adaptive-response-rate single exponential smoothing, Business Management

Assignment Help:

Question:

(a) State and explain the conditions under which the following exponential smoothing techniques will be chosen:

(i) Winters' exponential smoothing.
(ii) Holt's exponential smoothing, and
(iii) Simple exponential smoothing,

(b) The adaptive-response-rate single exponential smoothing (ADRES) is another example of an exponential smoothing technique. Outline the main differences between the normal exponential models and ADRES model.


Related Discussions:- Explain adaptive-response-rate single exponential smoothing

State briefly the arguments for and against prp, Question: In this era ...

Question: In this era of global competition, organizations are increasingly introducing Performance Management System (PMS) to improve organizational effectiveness. Many organ

General safety rules, It is necessary to frame a set of rules to promote s...

It is necessary to frame a set of rules to promote safety of employees and to prevent the direct and indirect costs of accident. These safety rules should be strictly followed

Primary elements of zero inventories, Just  in time  production is defined ...

Just  in time  production is defined as philosophy that  focuses attention on eliminating waste by purchasing or manufacturing  just enough of the right items just in  time It i

Explain the steps of the communication process, QUESTION 1 (a) By using...

QUESTION 1 (a) By using a diagram, fully explain the steps of the communication process. (b) Elaborate on five barriers that affect communication arising from individuals ha

What is the system concept of organisation, What is the system concept of o...

What is the system concept of organisation? Explain briefly. System concept of Organisation: 1.  System is a group of independent although inter dependent tools (called

Ricardian model and heckscher-ohlin model, 1. Wage ratios must lie in betwe...

1. Wage ratios must lie in between the inter-country productivity ratios. 2. Large countries are always less specialized. 3. Low wage countries have bigger gains from trade.

Stock out cost, Stock out cost means the cost associated with not serv...

Stock out cost means the cost associated with not serving the customers. Stock outs imply shortages. If the stock out is internal ( that is in the production system) it woul

Advantages of functional structure, Organisations tend to organise their wo...

Organisations tend to organise their working areas by function, e.g. production, warehouse, sales and marketing, etc.  Business processes occur across these functional groups requi

Why people resist organizational change, Question : Reynolds (2004) sug...

Question : Reynolds (2004) suggested that to create a learning culture that acts as a growth medium it is necessary to develop organizational practices that raise commitment am

What is the importance of training and education, What is the importance of...

What is the importance of training and education? Importance of Training and Education: Education and training bring workers to a standard; here they can perform industr

Write Your Message!

Captcha
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