QUESTION 4 1. The owner of a small brewery is using Winters method to forecast his quarterly beer sales. He has been using smoothing constants of a = 0.2, B = 0.2, and y = 0.2. He has currently obtained the following values of the various slope, intercept, and seasonal factors: S10 = 120, G10 = 14, c10 = 1.2, c9 = 1.1, c8 =0.8, and c7= 0.9. a. Determine the forecast for beer sales in Quarter 11. b. Suppose that the actual sales turn out to be 128 in Quarter 11. Find Su and G11, and the updated values of the seasonal factors. c. Determine the forecasts made at the end of Quarter 11 for Quarters 12 and 13.
QUESTION 4 1. The owner of a small brewery is using Winters method to forecast his quarterly beer sales. He has been using smoothing constants of a = 0.2, B = 0.2, and y = 0.2. He has currently obtained the following values of the various slope, intercept, and seasonal factors: S10 = 120, G10 = 14, c10 = 1.2, c9 = 1.1, c8 =0.8, and c7= 0.9. a. Determine the forecast for beer sales in Quarter 11. b. Suppose that the actual sales turn out to be 128 in Quarter 11. Find Su and G11, and the updated values of the seasonal factors. c. Determine the forecasts made at the end of Quarter 11 for Quarters 12 and 13.
Elements Of Electromagnetics
7th Edition
ISBN:9780190698614
Author:Sadiku, Matthew N. O.
Publisher:Sadiku, Matthew N. O.
ChapterMA: Math Assessment
Section: Chapter Questions
Problem 1.1MA
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Question
Q4

Transcribed Image Text:QUESTION 4
1. The owner of a small brewery is using Winters method to forecast his quarterly beer sales. He
has been using smoothing constants of a = 0.2, ß = 0.2, and y = 0.2. He has currently obtained the
following values of the various slope, intercept, and seasonal factors: S10 = 120, G10 = 14, c10 =
1.2, c9 = 1.1, c8 =0.8, and c7 = 0.9.
a. Determine the forecast for beer sales in Quarter 11.
b. Suppose that the actual sales turn out to be 128 in Quarter 11. Find S11 and G11, and the updated
values of the seasonal factors.
%3D
%3D
%3D
%3D
%3D
c. Determine the forecasts made at the end of Quarter 11 for Quarters 12 and 13.
QUESTION 5
1. A local firm is planning its workforce and production levels over the next year. The firm makes a
variety of microprocessors and uses sales dollars as its aggregate production unit. Based on
orders received and sales forecasts provided by the marketing department, the estimate of dollar
sales for the next year by month is as follows:
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