The weekly demand (in cases) for a particular brand of automatic dishwasher detergent for a chain of grocery stores located in Columbus, Ohio, follows. Week Demand 1 22 2 18 3 23 4 21 5 17 6 24 7 20 8 19 9 18 10 21 (a) Construct a time series plot. -A time series plot contains a series of 10 points connected by line segments. The horizontal axis is labeled Week and ranges from 0 to 10. The vertical axis is labeled Demand (in cases) and ranges from 0 to 30. The points are plotted at regular increments of 1 week starting at week 1 and ending at week 10 and appear to vary randomly between 15 and 25 on the vertical axis. -A time series plot contains a series of 10 points connected by line segments. The horizontal axis is labeled Week and ranges from 0 to 10. The vertical axis is labeled Demand (in cases) and ranges from 0 to 30. The points are plotted at regular increments of 1 week starting at week 1 and ending at week 10. They start on the left around 17 on the vertical axis and go up and to the right to around 24 on the vertical axis. -A time series plot contains a series of 10 points connected by line segments. The horizontal axis is labeled Week and ranges from 0 to 10. The vertical axis is labeled Demand (in cases) and ranges from 0 to 30. The points are plotted at regular increments of 1 week starting at week 1 and ending at week 10. They start on the left around 24 on the vertical axis and go down and to the right to around 17 on the vertical axis. -A time series plot contains a series of 10 points connected by line segments. The horizontal axis is labeled Week and ranges from 0 to 10. The vertical axis is labeled Demand (in cases) and ranges from 0 to 30. The points are plotted at regular increments of 1 week starting at week 1 and ending at week 10 and appear to vary randomly between 10 and 20 on the vertical axis. What type of pattern exists in the data? -The time series plot indicates a cyclical pattern. -The time series plot indicates a horizontal pattern. -The time series plot indicates a seasonal pattern. -The time series plot indicates a trend pattern. (b)Use a three-week moving average to develop a forecast (in cases) for week 11. (Round your answer to two decimal places.) F11 = (???) cases (c)Use exponential smoothing with a smoothing constant of ? = 0.4 to develop a forecast (in cases) for week 11. (Round your answer to two decimal places.) F11 = (?????)cases
The weekly demand (in cases) for a particular brand of automatic dishwasher detergent for a chain of grocery stores located in Columbus, Ohio, follows. Week Demand 1 22 2 18 3 23 4 21 5 17 6 24 7 20 8 19 9 18 10 21 (a) Construct a time series plot. -A time series plot contains a series of 10 points connected by line segments. The horizontal axis is labeled Week and ranges from 0 to 10. The vertical axis is labeled Demand (in cases) and ranges from 0 to 30. The points are plotted at regular increments of 1 week starting at week 1 and ending at week 10 and appear to vary randomly between 15 and 25 on the vertical axis. -A time series plot contains a series of 10 points connected by line segments. The horizontal axis is labeled Week and ranges from 0 to 10. The vertical axis is labeled Demand (in cases) and ranges from 0 to 30. The points are plotted at regular increments of 1 week starting at week 1 and ending at week 10. They start on the left around 17 on the vertical axis and go up and to the right to around 24 on the vertical axis. -A time series plot contains a series of 10 points connected by line segments. The horizontal axis is labeled Week and ranges from 0 to 10. The vertical axis is labeled Demand (in cases) and ranges from 0 to 30. The points are plotted at regular increments of 1 week starting at week 1 and ending at week 10. They start on the left around 24 on the vertical axis and go down and to the right to around 17 on the vertical axis. -A time series plot contains a series of 10 points connected by line segments. The horizontal axis is labeled Week and ranges from 0 to 10. The vertical axis is labeled Demand (in cases) and ranges from 0 to 30. The points are plotted at regular increments of 1 week starting at week 1 and ending at week 10 and appear to vary randomly between 10 and 20 on the vertical axis. What type of pattern exists in the data? -The time series plot indicates a cyclical pattern. -The time series plot indicates a horizontal pattern. -The time series plot indicates a seasonal pattern. -The time series plot indicates a trend pattern. (b)Use a three-week moving average to develop a forecast (in cases) for week 11. (Round your answer to two decimal places.) F11 = (???) cases (c)Use exponential smoothing with a smoothing constant of ? = 0.4 to develop a forecast (in cases) for week 11. (Round your answer to two decimal places.) F11 = (?????)cases
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
The weekly demand (in cases) for a particular brand of automatic dishwasher detergent for a chain of grocery stores located in Columbus, Ohio, follows.
Week | Demand |
---|---|
1 | 22 |
2 | 18 |
3 | 23 |
4 | 21 |
5 | 17 |
6 | 24 |
7 | 20 |
8 | 19 |
9 | 18 |
10 | 21 |
(a)
Construct a time series plot.
-A time series plot contains a series of 10 points connected by line segments. The horizontal axis is labeled Week and ranges from 0 to 10. The vertical axis is labeled Demand (in cases) and ranges from 0 to 30. The points are plotted at regular increments of 1 week starting at week 1 and ending at week 10 and appear to vary randomly between 15 and 25 on the vertical axis.
-A time series plot contains a series of 10 points connected by line segments. The horizontal axis is labeled Week and ranges from 0 to 10. The vertical axis is labeled Demand (in cases) and ranges from 0 to 30. The points are plotted at regular increments of 1 week starting at week 1 and ending at week 10. They start on the left around 17 on the vertical axis and go up and to the right to around 24 on the vertical axis.
-A time series plot contains a series of 10 points connected by line segments. The horizontal axis is labeled Week and ranges from 0 to 10. The vertical axis is labeled Demand (in cases) and ranges from 0 to 30. The points are plotted at regular increments of 1 week starting at week 1 and ending at week 10. They start on the left around 24 on the vertical axis and go down and to the right to around 17 on the vertical axis.
-A time series plot contains a series of 10 points connected by line segments. The horizontal axis is labeled Week and ranges from 0 to 10. The vertical axis is labeled Demand (in cases) and ranges from 0 to 30. The points are plotted at regular increments of 1 week starting at week 1 and ending at week 10 and appear to vary randomly between 10 and 20 on the vertical axis.
What type of pattern exists in the data?
-The time series plot indicates a cyclical pattern.
-The time series plot indicates a horizontal pattern.
-The time series plot indicates a seasonal pattern.
-The time series plot indicates a trend pattern.
(b)Use a three-week moving average to develop a forecast (in cases) for week 11. (Round your answer to two decimal places.)
F11 = (???) cases
(c)Use exponential smoothing with a smoothing constant of ? = 0.4 to develop a forecast (in cases) for week 11. (Round your answer to two decimal places.)
F11 = (?????)cases
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 5 steps with 1 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