Let's say you are playing the stock market and below period 2020 data was provided. For "stock A" you use a 2 month movingaverage. For "stock B" you use exponential smoothing with (a = 0.3).What is the Forecast in Stock B for January 2021?Stock AStock B...Jan0.11Jan14Feb0.20Feb11Mar0.03MarAprMay1.20AprMay6.0.509Jun0.03Jun12Jul0.10Jul16Aug0.11AugSep14Sep0.568Oct0.78OctNov0.44Nov4Dec0.10Dec

Answered: Let's say you are playing the stock…

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...

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If the weights for a moving average forecast with a span of 4 are: 0.4,0.2,0.3,0.1 Problem: Under prediction Problem: Over prediction No problem
In the Delphi technique, the members of the panel of experts don’t meet and discuss, yet they must reach a certain level of agreement in their forecasts. True False
With the multiplicative seasonal method of forecasting: the seasonal amplitude is a constant, regardless of the magnitude of average demand. there can be only four seasons in the time-series data. the times series cannot exhibit a trend. seasonal factors are multiplied by an estimate of average demand to arrive at a seasonal forecast.
10. Quarterly demand for Jaguar XJ8’s at a Tacloban Auto dealership is forecast with the equation, Y = 10 + 3x Where; X = time period (quarterly): Quarter 1 of 2021 = 0Quarter 2 of 2021 = 1Quarter 3 of 2021 = 2Quarter 4 of 2021 = 3 and so on...The demand for the luxury car is seasonal, and the weights of quarter 1, 2, 3, and 4 are 80%, 100%,130%, and 90% respectively. Using the trend projection, forecast the demand for each quarter of2023 and 2024. Then adjust each forecast with the weighted indices.
Centerville Bikes and Stuff (CBS) sells motorcycles and accessories. The number of helmets sold by CBS per week for the past six weeks follows. Week 1 2 3 4 5 6 Value 17 12 15 12 18 13 Using the naive method (most recent value) as the forecast for the next week, compute the following measures of forecast accuracy. (a) mean absolute error MAE = (b) mean squared error MSE = (c) mean absolute percentage error (Round your answer to two decimal places.) MAPE = % (d) What is the forecast for week 7?
Can you please solve all parts of the question manually. Thank you!
Professor Very Busy needs to allocate time next week to include time for office hours. He needs to forecast the number of students who will seek appointments. He has gathered the following data: Week 6 weeks ago 5 weeks ago 4 weeks ago 3 weeks ago 2 weeks ago Last week # Students 83 110 95 80 65 50 What is this week's forecast using trend-adjusted (double) smoothing with alpha = .5 and beta = .1, if the forecast for last week was 65, the forecast for two weeks ago was 75, and the trend estimate for last week's forecast was -5? 49.3 78.7 51.3 50.6 65.4
We are using Winter’s method and monthly data toforecast the GDP. (All numbers are in billions of dollars.)At the end of January 2005, Lt 600 and Tt 5. We aregiven the following seasonalities: January, 0.80; February,0.85; December, 1.2. During February 2005, the GDP is ata level of 630. At the end of February what is the forecastfor the December 2005 level of the GDP? Use a b g 0.5.
Suppose a firm has had the following historic sales figures. Year: 2016 2017 2018 2019 Sales $3,400,000 $4,650,000 $3,300,000 $2,900,000 What would be the forecast for next year's sales using the naïve approach? Answer is complete but not entirely correct. Next year's sales $ 3,550,000 2020 $3,500,000
please answer within 30 minutes.
The Yummy Ice Cream Company projects the demand for ice cream by using first-order exponential smoothing. Last week the forecast was 100,000 gallons of ice cream, and 90,000 gallons was actually sold. Using alpha=.1, prepare a forecast for next week. Calculate the forecast using Alpha=.2 and Alpha=.3 for this problem. Which values of Alpha gave the best forecast, assuming actual demand for next week ends up being 95,000 gallons?
State whether the following statements are true or false. If the statement is false, write the correct answer: Forecasting is a prediction rather than a reality to mislead an organization into implementing the proper decisions. Answer: Short range forecast generally is used for decision making in a period of about three months, and the decision taken are related to job scheduling, assignments and production levels. Answer: Associate forecasting considers several dependent and independent variables to build a model and then forecast an item of interest. Answer: . please make sure the answer is correct 100%

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Let's say you are playing the stock market and below period 2020 data was provided. For "stock A" you use a 2 month moving average. For "stock B" you use exponential smoothing with (a = 0.3). What is the Forecast in Stock B for January 2021?