United Dairies, Inc., supplies milk to several independent grocers throughout Dade County, Florida. Managers at United Dairies want to develop a forecast of the number of half-gallons of milk sold per week. Sales data for the past 12 weeks follow and have been transferred in the data file UDFMilk.xlsx download(also posted under week 11 module). Week Sales Week Sales 1 2750 7 3300 2 3100 8 3100 3 3250 9 2950 4 2800 10 3000 5 2900 11 3200 6 3050 12 3150 By Thursday, April 15 (11:55pm PST), answer the following 2 questions and attach a word doc or excel file to show your work. Use the data in the file UDFMilk.xlsx downloadto construct a time series plot. What type of pattern exists in the data? Use exponential smoothing with to develop a forecast of demand for week 13.
United Dairies, Inc., supplies milk to several independent grocers throughout Dade County, Florida. Managers at United Dairies want to develop a forecast of the number of half-gallons of milk sold per week. Sales data for the past 12 weeks follow and have been transferred in the data file UDFMilk.xlsx download(also posted under week 11 module). Week Sales Week Sales 1 2750 7 3300 2 3100 8 3100 3 3250 9 2950 4 2800 10 3000 5 2900 11 3200 6 3050 12 3150 By Thursday, April 15 (11:55pm PST), answer the following 2 questions and attach a word doc or excel file to show your work. Use the data in the file UDFMilk.xlsx downloadto construct a time series plot. What type of pattern exists in the data? Use exponential smoothing with to develop a forecast of demand for week 13.
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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United Dairies, Inc., supplies milk to several independent grocers throughout Dade County, Florida. Managers at United Dairies want to develop a forecast of the number of half-gallons of milk sold per week. Sales data for the past 12 weeks follow and have been transferred in the data file UDFMilk.xlsx download(also posted under week 11 module).
|
Week |
Sales |
Week |
Sales |
|
1 |
2750 |
7 |
3300 |
|
2 |
3100 |
8 |
3100 |
|
3 |
3250 |
9 |
2950 |
|
4 |
2800 |
10 |
3000 |
|
5 |
2900 |
11 |
3200 |
|
6 |
3050 |
12 |
3150 |
By Thursday, April 15 (11:55pm PST), answer the following 2 questions and attach a word doc or excel file to show your work.
-
Use the data in the file UDFMilk.xlsx downloadto construct a time series plot. What type of pattern exists in the data?
- Use exponential smoothing with to develop a forecast of demand for week 13.
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