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- urgntly needPlease Answer 3 Sub Parts the question and no Reject.... Thank uConsidering the aggregated demand for coffee beans for the following months shown below, what would be the 3-month Simple Moving Average Forecast for the 8th Month? Actual Demand Period (Month) (in kg) 1 455,300 2 249.422 3 325,600 4 114,618 5 301.243 6 103,522 7 ? Cannot be determined between 400,000 and 500.000 kg Below 300.000 kg More than 500.000 kg
- The demand and forecast information for the XYZ Company over a twelve-month period has been collected in the Microsoft Excel Online file below. Use the Microsoft Excel Online file below to develop forecast accuracy and answer the following questions. Forecast Accuracy Measures Period Actual Demand Forecast Error Absolute Error Error^2 Abs. % Error 1 1,300 1,378 2 2,000 1,676 3 1,800 1,974 4 1,700 2,272 5 2,300 2,570 6 3,800 2,868 7 3,200 3,166 8 3,100 3,464 9 3,900 3,761 10 4,600 4,059 11 4,200 4,357 12 4,300 4,655 Total Average RSFE MAD MSE MAPE Tracking Signal 1. What can be concluded about the quality of the forecasts? Assume that the control limit for the tracking signal is ±3. The results indicate (bias or no bias) in the…Maryland Café Using the following information to answer the questions, Please take 2 decimals in calculation. Month Sales ('000s) January 24 37 February March 24 42 24 39 April 2$ 29 May June 49 40 July August September 39 40 43 October ?? 1. What is the forecast for October using a 5-month moving average approach? $42,200 2. What is the forecast for October using a 3-month weighted moving average approach? In order from most recent to least recent month, assign weights of 0.5, 0.2 and O.1 $41,470 3. What is the forecast for October using exponential smoothing with alpha = 0.2, July forecast was 30 $35.350Based on the information in the following table, use the Naïve Approach to forecast the demand for periods 2-12 PERIOD MONTH Demand Forecast Jan 228 2. Feb 197 Mar 202 Apr 182 May 157 6. Jun 148 Jul 195 Aug 63 Sep 194 10 Oct 278 11 Nov 185 12 Dec 179 3.
- 67% Outbound travel from China has tripled in the past decade 180 miion 140 100 -https://www.theatlas com/charts/mugEPIL a) What is this title referring to? b) Draw a trendline and create an equation for this data. O According to your model, when will travel double from 2018?Table 1. The manager of Carpet City outlet store needs to be able to forecast accurately demand for Soft Shang carpet. Demand for the past 20 weeks appears in table 1 below. week Demand Forecast Error ABS. Dev Squared Error APE 1 20 2 28 3 22 4 18 5 22 6 22 7 22 8 26 9 23 10 23 11 23 12 27 13 25 14 22 15 23 16 14 17 14 18 15 19 11 20 16 21 22 23 24…3. (5.7.12) On June 2, 2010 USA Today reported a story from Bloomberg News that said that the total price tag for the project to build the new F-35 Joint Strike Fighter would be 65% higher than the original $232 billion estimate. The cost now is estimated to be $382 billion. The total cost of each plane would be $112.4 million, up 81% from the original $62 million. The cost to produce each plane would be $92.4 million, about 85% higher than the original estimate of $50 million. a. Check the arithmetic to see that the three percentage increases reported are correct. b. Can you explain how the project cost can have increased by just 65% when the overall total per plane increased by 81% and the construction cost alone increased by almost 85%?
- Suppose that a firm's sales were $3,750,000 five years ago and are $5,250,000 today. What was the geometric mean growth rate in sales over the past five years?2. Discuss the Price Index most commonly used in your country. How is it calculated?56. From the following data calculate the cost of living index number by the family budget mehtod. Also obtain the expenditure of the person in the year 2013 if his ex- penditure is 2010 is Rs. 600. Price 2010 Price 2013 Weight Group Food Clothing Rent 12 60 16 32 30 60 30 10 10 20 15 Education Misc. 15 10