Given an actual demand this period of 103, a forecast value for this period of99, and an alpha of .6, what is the exponential smoothing forecast for nextperiod?101.4-105.4100.697.496.6

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Answered: Given an actual demand this period of…

Advanced Engineering Mathematics

10th Edition

ISBN:9780470458365

Author:Erwin Kreyszig

Publisher:Erwin Kreyszig

Chapter2: Second-order Linear Odes

Section: Chapter Questions

Problem 1RQ

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A police station had to deploy a police officer for an emergency multiple times in the last four evenings. The table below shows the number of emergencies each evening. (Round your answers to 3 decimal places.) Forecast for tomorrow Weekday Number of calls each day (calls) 8. Monday Tuesday Wednesday 8. 3 7 Thursday 10 Complete the "Forecast for tomorrow" column in the table above. Use an exponential smoothing a. forecasting approach, with a=0.4 and a forecast for Monday of 8. (Round your answer to 3 decimal places.) What would be their forecast for Friday using the same exponential smoothing forecasting approach? b. 2 of 5 Next >
When using the exponentially weighted moving average for purposes of forecasting rather than smoothing, Group of answer choices the current smoothed value becomes the forecast. the previous smoothed value becomes the forecast. the next smoothed value becomes the forecast. None of the above.
1 - A simple exponential smoothing model has a current mean of 156.8. Assuming demand for next period is 170, update the value of the smoothing statistic. Let a = 0.1. 2- An electronics company has sold 145, 157, 124, 169,179, 201, 197, and 230 units of a certain stereo system quarterly for the past two years. Plot the data and fit an appropriate model. Forecast sales for the next two quarters.
Which of the following display exponential growth? Select all that apply. OP = 750(0.995)* OP = 5,000() Population Year Size 2003 1,250 2004 1,375 2005 1,513 2006 1,665 2007 1,832 Number of Population Years Size 850 1 955 2 1,060 3 1,165 4 1,270 Time Population size
Pls do it fast
Year Population (millions) 1960 12.1 1970 13.2 1980 14.3 1990 15.8 2000 17.0 1. Sketch the data and the curve of the best fit on the same graph. You need to adjust time (start counting time from 1960). 2. Find the equation of the best exponential fit relating P (country’s population in millions of people) with time t (years after 1960). 3. What is the population’s annual percentage growth rate?
Month Actual D Forecast 100 100 110 200 140 Jan Feb Mar Apr For the above data, calculate the exponential smoothed forecast for March. Use a = 0.8. 135 117 116 108

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Given an actual demand this period of 103, a forecast value for this period of 99, and an alpha of .6, what is the exponential smoothing forecast for next period? 101.4 -105.4 100.6 97.4 96.6