A company uses exponential smoothing with trend to forecast monthly sales of its product, which show a trend pattern. At the end of week 5, the company wants to forecast sales for week 6. The trend through week 4 has been 26 additional cases sold per week. Average sales have been 101 cases per week. The demand for week 5 was 93 cases. The company uses a = 0.20 and ß = 0.15. Make a forecast including trend for week 6. (Round your answers to 2 decimal places, e.g. 2.36.) The smoothing of the level of the series is The smoothing of the trend is The forecast including the trend is 163.80

A company uses exponential smoothing with trend to forecast monthly sales of its product, which show a trend pattern. At the end of week 5, the company wants to forecast sales for week 6. The trend through week 4 has been 26 additional cases sold per week. Average sales have been 101 cases per week. The demand for week 5 was 93 cases. The company uses a = 0.20 and ß = 0.15. Make a forecast including trend for week 6. (Round your answers to 2 decimal places, e.g. 2.36.) The smoothing of the level of the series is The smoothing of the trend is The forecast including the trend is 163.80

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

See similar textbooks

Similar questions

5. Which of the following best describes a "sales funnel"? Group of answer choices A sales funnel is the process after a sales is closed where the customer receives the product and begins using it. A process whereby sales decrease over time as if they are going into a funnel. A process of drawing in people who might be good purchasers of your product by first finding out which are interested and have money to spend, then eventually leading them to purchase your product. A sales funnel is used by department stores during key sale weekends. In a sales funnel, each day the price is reduced until the product is finally available at the lowest possible price.
Write a copywriting sales letter copy?
Which of the following issues is a potential disadvantage of online ads even though the cost per viewer for online ads can be cheaper than conventional TV commercials? Question 21 options: Limited color palettes Inability to overlay text on images Lack of sound Advertising fraud due to scammers and bots Content-licensing headaches
Please do not give solution in image format thanku Alpha Airlines has to decide how many meals to load on its daily 6 pm non-stop flight from Philadelphia to Los Angeles. The meals are sold on board to economy class passengers for $10.00 and cost the airline $4.00 each. All meal orders must be made at least 48 hours before the flight departs. Any meals left over at the end of the flight are tossed into the trash by the ground clean-up crew. Alpha estimates that the demand for the meals on this flight is Poisson distributed with a mean of 9. 1.How many meals should Alpha order? (Choose the closest answer.) a) 6 b) 7 c) 8 d) 9 e) 10 f) 11 g) 12 h) 13 i) 14
Assume you are conducting a study to determine the importance of brand names and features of mobile phone handsets. What types of questions would you use—open-ended, closed-ended, scaled?—and why? Suggest six to eight questions you would ask and in what sequence you would ask them.
QUESTION 8 One reason that many jobs are going unfilled today is because when advertising a position, employers ask that applicants have a college degree, whether or not it is actually necessary for the job. O True O False
O A. OB. O C. O D. Surance policy form may not be delivered in Florida unless the form has been approved by the: Office of Financial Regulation (OFR) Office of Insurance Regulation (OIR) Department of Financial Services (DFS) Department of Insurance (DOI) Cla Whiteboa
Why does customer lifetime value emphasize lifetime value over individual transaction value? (Answer must not exceed 60 words for the response to be graded)
Please do not give solution in image format thanku 1. Adele Weiss manages the campus flower shop. Flowers must be ordered three days in advance from her supplier in Mexico. Although Valentine’s Day is fast approaching, sales are almost entirely last-minute, impulse purchases. Advance sales are so small that Weiss has no way to estimate the probability of low (20 dozen), medium (50 dozen), or high (100 dozen) demand for red roses on the big day. She buys roses for $15 per dozen and sells them for $40 per dozen. Construct a payoff table. Which decision (i.e., 20, 50 or 100 doz) is indicated by each of the following decision criteria? a. Maximin b. Maximax c. Laplace d. Minimax regret
Need the correct answer to this practice question I found online please | A shaved ice and a retail business at the beach write a television commercial that illustrates both of the companies' products in an appealing light. What is this practice called? co-advertising co-hosting > co-spending co-sponsoring
Please do not give solution in image format thanku Charles Lackey operates a bakery in Idaho Falls, Idaho. Because of its excellent product and excellent location, demand has increased by 45% in the last year. On far too many occasions, customers have not been able to purchase the bread of their choice. Because of the size of the store, no new ovens can be added. At a staff meeting, one employee suggested ways to load the ovens differently so that more loaves of bread can be baked at one time. This new process will require that the ovens be loaded by hand, requiring additional manpower. This is the only production change that will be made in order to meet the increased demand. The bakery currently makes 1,600 loaves per month. Employees are paid $8 per hour. In addition to the labor cost, Charles also has a constant utility cost per month of $600 and a per loaf ingredient cost of $0.50. Part 2 Current multifactor productivity for 640 work hours per month =0.245 loaves/dollar…
Please do not give solution in image formate thanku. You enter into a listing agreement with a seller. After a few months of marketing the property, an offer comes in from a salesperson who works in a different branch office of your company. Explain what you would say to your sellers regarding agency relationships before the offer is being presented to them. Please use a "first person" format as if you are speaking to the sellers.