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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
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 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
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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