pllowing are the data on demand for white bread loave Day 2 3 4 5 6 7 8 9 10 11 12 Loaves 199 209 215 226 233 237 252 257 253 265 283 278
pllowing are the data on demand for white bread loave Day 2 3 4 5 6 7 8 9 10 11 12 Loaves 199 209 215 226 233 237 252 257 253 265 283 278
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
Related questions
Question
please answer within 30 minutes

Transcribed Image Text:Following are the data on demand for white bread loaves at a bakery.
Day
1
2
3
4
Loaves
199
209
215
226
233
237
252
257
253
265
283
278
279
298
310
6
7
8.
10
11
12
13
14
15
a. Develop a linear trend equation for the above data on demand for white bread loaves at a bakery (use of Excel's Trendline, with
display Equation on chart option, is recommended), and use it to forecast demand on day 16. (Round the final answers to 2 decimal
places.)
Y=
x+
Forecast demand on day 16
b. The variations around the linear trend line seem to have above- and below-the-line runs. Therefore, use trend-adjusted exponential
smoothing with a = 0.2 and B = 0.1 to model the bread demand. Use the first four days to estimate the smoothed initial trend that you
use for periods 4 and 5 (use the increase from day 1 to day 4 divided by 3). Also, use A4 to estimate S4. Start forecasting day 5. What is
the forecast for day 16? (Round the final answers to 2 decimal places.)
Period
TAF†
5
6
7
8
9.
10
11
12
13
14
15
16
Forecast for day 16
Expert Solution

This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 2 steps with 5 images

Recommended textbooks for you

MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc

Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning

Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning

MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc

Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning

Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning

Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON

The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman

Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman