Note:-Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism.Answer completely.You will get up vote for sure. The following table shows the actual demand observed over the last 11 years:56138YearDemandYearDemand17712YearForecastYearForecast2981335126.06.47 89.0 10.299Using exponential smoothing with a = 0.40 and a forecast for year 1 of 6.0, thefollowing forecast from periods 2 through 12 has been developed:49101111737.446.4910111211.3 10.4 10.6 9.257.469.6In the graph shown to the right, the actual demand and forecast developed using thenaive approach are plotted. The forecasts derived using exponential smoothing areplotted for the first seven years.Using the point drawing tool five times, plot the forecasts derived using exponentialsmoothing given in the table above for years 8-12 (α = 0.40 and a starting forecast =6.0).14-13+12-11-10-9-8-7-6-5-4-3-2-1-0AVAW1 2 34☆6 7 8 9 10 11 12YearBlue Line = Actual DemandPurple Line = Naive Approach ForecastRed Dots = Forecasts for Exponential Smoothingfor Years 1-7

The time series is the method of forecasting the observation from the data. The observation under…

The following table shows the actual demand observed over the last 11 years: Year 5 6 13 8 Demand Year 7 8 Demand 12 13 1 7 Year Forecast Year Forecast 2 9 1 6.0 2 6.4 7 8 9.0 10.2 3 5 9 9 Using exponential smoothing with a = 0.40 and a forecast for year 1 of 6.0, the following forecast from periods 2 through 12 has been developed: 4 9 10 11 11 7 3 4 6 7.4 6.4 9.6 9 10 11 12 11.3 10.4 10.6 9.2 5 7.4 In the graph shown to the right, the actual demand and forecast developed using the naive approach are plotted. The forecasts derived using exponential smoothing are plotted for the first seven years. Using the point drawing tool five times, plot the forecasts derived using exponential smoothing given in the table above for years 8-12 (α = 0.40 and a starting forecast = 6.0). 14- 13 12- 11- 10- 9- 8+ 7- 6- 5 4 3- 2- 1- max Year 9 10 11 12 G Blue Line = Actual Demand Purple Line = Naive Approach Forecast Red Dots Forecasts for Exponential Smoothing for Years 1-7

The following table shows the actual demand observed over the last 11 years: Year 5 6 13 8 Demand Year 7 8 Demand 12 13 1 7 Year Forecast Year Forecast 2 9 1 6.0 2 6.4 7 8 9.0 10.2 3 5 9 9 Using exponential smoothing with a = 0.40 and a forecast for year 1 of 6.0, the following forecast from periods 2 through 12 has been developed: 4 9 10 11 11 7 3 4 6 7.4 6.4 9.6 9 10 11 12 11.3 10.4 10.6 9.2 5 7.4 In the graph shown to the right, the actual demand and forecast developed using the naive approach are plotted. The forecasts derived using exponential smoothing are plotted for the first seven years. Using the point drawing tool five times, plot the forecasts derived using exponential smoothing given in the table above for years 8-12 (α = 0.40 and a starting forecast = 6.0). 14- 13 12- 11- 10- 9- 8+ 7- 6- 5 4 3- 2- 1- max Year 9 10 11 12 G Blue Line = Actual Demand Purple Line = Naive Approach Forecast Red Dots Forecasts for Exponential Smoothing for Years 1-7

College Algebra (MindTap Course List)

12th Edition

ISBN:9781305652231

Author:R. David Gustafson, Jeff Hughes

Publisher:R. David Gustafson, Jeff Hughes

Chapter4: Polynomial And Rational Functions

Section4.6: Rational Functions

Problem 11SC: Find the mean hourly cost when the cell phone described above is used for 240 minutes.

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Question

Note:-

Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism.
Answer completely.
You will get up vote for sure.

The following table shows the actual demand observed over the last 11 years:
5
6
13
8
Year
Demand
Year
Demand
1
7
7
12
Year
Forecast
Year
Forecast
2
9
8
13
3
5
1
2
6.0
6.4
7 8
9.0 10.2
9
9
Using exponential smoothing with a = 0.40 and a forecast for year 1 of 6.0, the
following forecast from periods 2 through 12 has been developed:
4
9
10
11
11
7
3
7.4
4
6.4
9
10
11
12
11.3 10.4 10.6 9.2
5
7.4
6
9.6
In the graph shown to the right, the actual demand and forecast developed using the
naive approach are plotted. The forecasts derived using exponential smoothing are
plotted for the first seven years.
Using the point drawing tool five times, plot the forecasts derived using exponential
smoothing given in the table above for years 8-12 (α = 0.40 and a starting forecast =
6.0).
14-
13+
12-
11-
10-
9-
8-
7-
6-
5-
4-
3-
2-
1-
0
AVA
W
1 2 3
4
☆
6 7 8 9 10 11 12
Year
Blue Line = Actual Demand
Purple Line = Naive Approach Forecast
Red Dots = Forecasts for Exponential Smoothing
for Years 1-7

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