QUESTION 9 Use the table below to answer the following questions (Choose only the letter) Periods Observations 24 4 6 34 36 41 44 45 Ql: By using naive seasonal model and trend estimate, forecast period 8 A) 41 B) 39.25 C) 37.3 D) 44 Answer Q2: Caleulation of the forecast eror for period 7 sccording to the simple average method A) 9 B) I C) 36 D) 44 Answer Q3: Use the exponential smoothing technique with smoothing constauts of 0.3 to forecast for periods 3 (The initial value The First value) A) 36 B) 24 C) 27 D) 44 Answer
QUESTION 9 Use the table below to answer the following questions (Choose only the letter) Periods Observations 24 4 6 34 36 41 44 45 Ql: By using naive seasonal model and trend estimate, forecast period 8 A) 41 B) 39.25 C) 37.3 D) 44 Answer Q2: Caleulation of the forecast eror for period 7 sccording to the simple average method A) 9 B) I C) 36 D) 44 Answer Q3: Use the exponential smoothing technique with smoothing constauts of 0.3 to forecast for periods 3 (The initial value The First value) A) 36 B) 24 C) 27 D) 44 Answer
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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Question
![QUESTION 9
Use the table below to answer the following questions (Choose only the letter)
3.
Periods
Observations 24
4
6
34
36
37
41
44
45
Q1: By using naive seasonal model and trend estimate, forecast period 8
A) 41
B) 39.25
C) 37.3
D) 44
Answer
Q2: Caleuiation of the forecast error for period 7 according to the simple average method
A) 9
B) 1
C) 36
D) 44
Answer
Q3: Use the exponential smoothing technique with smoothing constants of 0.3 to forecast for periods 3 (The initial value - The First value)
A) 36
B) 24
C) 27
D) 44
Answer](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F1df47e84-8418-4327-a284-00e7d2ea41f9%2Fd5823668-df24-4619-b756-8a69b0d83972%2F4wyky89_processed.jpeg&w=3840&q=75)
Transcribed Image Text:QUESTION 9
Use the table below to answer the following questions (Choose only the letter)
3.
Periods
Observations 24
4
6
34
36
37
41
44
45
Q1: By using naive seasonal model and trend estimate, forecast period 8
A) 41
B) 39.25
C) 37.3
D) 44
Answer
Q2: Caleuiation of the forecast error for period 7 according to the simple average method
A) 9
B) 1
C) 36
D) 44
Answer
Q3: Use the exponential smoothing technique with smoothing constants of 0.3 to forecast for periods 3 (The initial value - The First value)
A) 36
B) 24
C) 27
D) 44
Answer
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