Use exponential smoothing with trend adjustment to forecast deliveries for period 10. Let alpha = 0.4, beta = 0.2, and let the initial trend value be 4 and the initial forecast be 200
Period Actual
Demand
1 200
2 212
3 214
4 222
5 236
6 221
7 240
8 244
9 250
10 266
Actual Forecast Trend FIT
1 200 200.00 4.00
2 212 202.40 3.68 206.08
3 214 208.45 4.15 212.60
4 222 213.16 4.27 217.43
5 236 219.26 4.63 223.89
6 221 228.73 5.60 234.33
7 240 229.00 4.53 233.53
8 244 236.12 5.05 241.17
9 250 242.30 5.28 247.58
10 266 248.55 5.47 254.02
You might also like to view...
What is the importance of researching an organization before the interview?
A survey of ethical problems found that when employees report ethical problems
A) they frequently receive praise from top-level management. B) about one in five are retaliated against. C) are frequently subject to criminal charges. D) they are typically fired immediately.
According to the Agile Software Development Manifesto, the most efficient and effective method of conveying information to and within a development team is face-to-face conversation
Indicate whether the statement is true or false
Credit terms of 1/5, net 15 should be interpreted as granting:
A) a 1/5 percent discount for payments within 15 days. B) a five percent discount for next day payments. C) a total credit period of 20 days. D) a credit period of 10 days. E) a one percent discount for payments received within five days.