Historic time series - unemployment rates, Supply Chain Management

Assignment Help:

Using historic time series data on monthly unemployment rates from January 2001 to April 2011, calculate the following:

a) Monthly adjusted seasonal indices using monthly moving average technique.

b) Estimate the unemployment trend equation by deseasonalizing the data. Interpret the statistical significance of your regression results at 5% level of significance.

c) Forecast the unemployment rates for the next three months of 2011 based on your trend and monthly seasonal indices.

d) Based on the data and the unemployment trend, what improvements will you incorporate in your forecasting techniques to make your predictions more accurate.


Related Discussions:- Historic time series - unemployment rates

Material requirement planning, explain the major inputs into the Material R...

explain the major inputs into the Material Requirement Planning system

Describe the concept of supply chain management, Question 1: (a) Descri...

Question 1: (a) Describe the concept of supply chain management. (b) Show the evolution of supply chain management over the past years, indicating how it has contributed to

Lean operations, Kateville Textile Printing Company Ltd Introduction Katevi...

Kateville Textile Printing Company Ltd Introduction Kateville Textile Printing Company Ltd. design company which produces design fashion products and distribute to all branches of

A local skating rink charges each person $5 to skat, A local skating rink c...

A local skating rink charges each person $5 to skate and another $3 for each skate rental. The rink has determined that on a daily basis, when 100 tickets are sold, the costs per s

Stepping stone method to obtain an optimal solution, A company has three fa...

A company has three factories A, B and C which supply units to warehouses X, Y and Z every month. The capacities of the factories are 60, 70 and 80 units at A, B and C

International supply chain management, how to get a supply chain more effec...

how to get a supply chain more effective for preservative goods?

#title.project risk and procurement management., How do i evaluate the use ...

How do i evaluate the use of a complex models for this title?

Logistics, suggestion in enhancing the existing logistics system?

suggestion in enhancing the existing logistics system?

Eliminate the ill-effects of forward buying, Saki, a local bar, consumes Me...

Saki, a local bar, consumes Mehboob, a popular non-alcoholic drink, at a steady rate of 10 cases/week. Saki usually buys Mehboob at $6/case, delivered to its door. However, the su

Scm simulation, Hello, I am looking for a tutor in my scm assignement (act...

Hello, I am looking for a tutor in my scm assignement (actually explanation). Anyone can help?

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