Please help solve 4.16 a b & c. Thanks MOITUJOSProblemsNote: PY means the problem may be solved with POProblems 4.1–4.42 relate to Time-Series Forecasting4.1The following gives the number of pints of type Bblood used at Woodlawn Hospital in the past 6 weeks:WEEK OFPINTS USEDAugust 31820360 aPecentand theSeptember 7389September 14410forecast theSeptember 21ontli 381moySeptember 28368October 5374a) Forecast the demand for the week of October 12 using a3-week moving average. 46Following are two weekly forecastshods for the number of gallons of gasoline, in thou.hods for the of of in thou-anded at a local station. Also areRefer to 4.1 on page 144.Following are two forecasts:illustrationB = .4, we folations for mthe process fIn this piFORECASTSMETHOD 2ACTUAL DEMANDto 0.70F, T, and1.004.22exponentiaand 9. Co1.2000 04.What are the MAD and MSE for each mo00those in T• 4.15.• 4.23in CarboRefer to Solved Problem 4.1 on page 144.a) Use a 3-year moving average to forecast the sales ofVolkswagen Beetles in Nevada through year 6.b) What is the MAD? PXc) What is the MSE?preparecing andMay, ar4.1600Refer to Solved Problem 4.1 on page 144.a) Using the trend-projection (regression) method, develop a fore-cast for the sales of Volkswagen Beetles in Nevada throuigh year 6.b) What is the MAD? PXc) What is the MSE?4.17Refer to Solved Problem 4.1 on page 144. Using smooth-ing constants of .6 and .9, develop forecasts for the sales of VWBeetles. What effect did the smoothing constant have on the forecast?Use MAD to determine which of the three smoothing constants (.3,.6, or .9) gives the most accurate forecast. PX (MyLab OperationsManagement also includes a shorter (brief) version of this problem.)...• 4.18 Consider the following actual (A) and forecast (F)demand levels for a commercial multiline telephone at Office Max.TIMEPERIOD, tACTUALDEMAND, A,FORECASTDEMAND, F,50ols no 50b)2.42woll!(c)3.484.

First, we calculate the slope and intercept by using the formulas below.

c) What is the MSE? 4.16 Refer to Solved Problem 4.1 on page 144. a) Using the trend-projection (regression) method, develop a fore- cast for the sales of Volkswagen Beetles in Nevada through year 6. b) What is the MAD? PX c) What is the MSE? hlom 4 1 on page 144. Using smooth-

c) What is the MSE? 4.16 Refer to Solved Problem 4.1 on page 144. a) Using the trend-projection (regression) method, develop a fore- cast for the sales of Volkswagen Beetles in Nevada through year 6. b) What is the MAD? PX c) What is the MSE? hlom 4 1 on page 144. Using smooth-

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

Cal's Manufacturing Ltd, is a manufacturing and distributing company in Kingston Jamaica they manufacture bottle syrup, lime juice, vinegar, bag Juices and premium fruit wine. Please answer base on what they do please, they dont sell furnitures
please give a clear solution to each part. I do not need explanations
A. There are 5 types of municipal bonds that fall into 2 major categories. Indicate the source of the funds used to pay back EACH of these 5 types of municipal bonds. b. What kind of expenditure would governments use each of these 5 types for?.
i need all parts solution
Phylis Ltd has the following transactions in respect of its goods during Dec 2015. Opening stock 78 units @ GH¢25 Dec 5 bought 250 units @ GH¢24 Dec 10 sold 175 units @ GH¢95 Dec 11 bought 140 units @ GH¢26 Dec 12 sold 200 units @ GH¢48 Dec 15 paid for printing GH¢7,200 Dec 16 bought 400 units @ GH¢20 Dec 22 sold 140 units @ GH¢85 Dec 22 commission to sales Executives GH¢ 20,000 Dec 23 sold 155 units @ GH¢40 Additional information; 1. The cost of carrying a unit material inwards was agreed at GH¢1.5 2. Out of the general administrative expenses of GH¢15,200 only GH¢3,700 had been paid during December. 3. The goods sold on December 23rd only 20% has been collected by the company as at close of the year-month 4. The outstanding balance of GH¢7,100 was paid on the 20th January 2021 You are required to: a. Write up the stores ledger card using the weighted average method of stock valuation. b. Prepare trading, profit and loss…
Pls help ASAP
Subject : Retail Management Seven-Eleven has more than 66,000 stores all over the world. This gives the company a big location and convenience advantage. As a convenience store, it shouldn't come as a surprise that the main thing they have going for them is that they carry the same products that people usually buy at other Seven-Eleven stores nearby. Because of this, the business will be able to get more customers if it sells its products in more places and serves a wider range of customers. The fact that there are so many Seven-Eleven stores is one of the company's best qualities. Because of this, most people who shop at convenience stores think that Seven-Eleven has the biggest share of the market. This brand equity means that customers are loyal and less price sensitive, which means that its branches tend to have a steady stream of income. But because they can offer such a high level of convenience to customers, it is possible that they will have to pay more for rent because they…
4
PLS HELP ASAP
2B Officials from privately operated universities guide the respective college authorities generally while creating the departments and the structure, for its affiliated colleges. They indicate names of the departments and job titles specifically who should work in staff positions. Using proper conventions, prepare the organization chart for the following description: The Joint Director (JD) and Legal Advisor (LA) shall assist the Director of the institute. Similarly, Associate Directors (AD's) – Academics, Research, Student Welfare, and Placement etc. shall also assist the Director in the next level. Heads of departments from Mechanical Engg., Civil Eng., Computer Science etc. shall work in line positions and report directly to the Director. Faculty members with job titles 'professors, associate professors, and assistant professors' shall also work in line positions and report to the head in each of the departments. A group of experts shall assist the head in each of the teaching…
Please solve it completely fast asap