Three estimates were 15, 1, and 24, not given in any order. What is the Three-point estimate? Pick closest answer O 13 14 O 15 28
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- QUESTION 34 Suppose the actual sales and the forecasted, or smoothed sales, for the past 5 months have been Actual Smoothed 54.4 76.8 54.4 75.5 72.3 53.2 74.8 39.2 57.6 What is the Mean Absolute Error of the smoothed series? (please round your answer to 1 decimal place)Question 35 Suppose the actual sales and the forecasted, or smoothed sales, for the past 5 months have been Actual Smoothed 54.4 76.8 54.4 75.5 72.3 53.2 74.8 39.2 57.6 What is the Mean Square Error of the smoothed series? (please round your answer to 1 decimal place)Question 4 A manager wants to purchase a new piece of processing equipment and must decide on the number of spare parts to order with the new equipment. The spares cost $250 each, and any unused spares will have an expected salvage value of $75 each. The distribution of usage of parts is shown in the following table: NUMBER 0 1 2 3 4 5 FREQUENCY 0.2 0.2 0.2 0.15 0.15 0.1 If the part fails and a spare is not available, it will take three days to obtain a replacement and install it. The cost for idle equipment is $500 per day. a) What quantity of spares should be stocked? b) Assume the supplier of the parts offers a 20 % discount (all units discount) for purchasing five units or more. Do you think the order quantity will be different? If yes, propose the new order quantity.
- Question 1After collecting all those information, David is trying to conceptualize his problem. Supposeyou were David, how you will analysing the problem.You are expected to describe and investigate the problem in a more systematic way, andprovide answers for:• What were the key decisions?• What were the key uncertainties?• What was the timing of decisions?• What was the timing of the resolution of uncertainty?• What data would he need in order to make an intelligent, defensible decision?Question 04: Use Holts Model to solve the following, Assuming a at 0.2 and ẞ at 0.3 Time Scale 600 1550 1500 1500 2400 3100 2600 2900 3800 4500 4000 4900 1 2 3 4 5 6 7 8 9 10 11 12question 10. The forecast was 70 units for the current period while actual demand was 76. The forecast for the next period is 75.8. What's alpha if a simple exponential smoothing forecast methoc being used? 6 OA. 0.097 OB. 0.967 OC. 0.004 OD. 0.040 Mark for review (Will be highlighted on the review page) > LOST LO EAST DONT Review My Answers 18°C Mostly cloudy AENG CERTIFICATE OF TRAMMING TRANSPORTATION OF DANGEROUS GOODS CERTIFICATE DE FORMATION TRANSPORT DES MERCHANDS DANGEREUSES James Purkisarajah Klean or N Save & Exit 75 Advance Blvd Brampton, Onta 2:52 F 2022-18
- Q/Choose a suitable question for each of the following answers. 1-Harry works for an international company in Dallas. * Where Harry is working and in which place? For what company Harry does work and where? For what and where does Harry work ? Does Harry work in an international company in Dallas?Question Completion Status: Year 1 2 seconds. Tucson Macninary, Inc. manufacturers numerically controlled macnines (NCMS), which sell for an average price of $0.5 million each. Sales for these NCMS for the past two years were as follows: P Quarter 1 Quarter 2 Quarter 3 Quarter 4 12 18 26 16 16 24 28 18 What season factor would be associated with the fourth quarter? Show the formula you used and how you derived the answer. For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). BIUS Paragraph Arial A Moving to another question will save this response. 10pt hyji 27 描く A Bb toggle_stat... A N IQ5 0 WORDS POWERED BY TINY Question 8 of 19 > >> 1:34 PM 9/30/2022QUESTION 8 The variable to remove from the current basis is O the variable with the biggest positive ratio value. O the variable with the smallest positive ratio value O the variable with the smallest positive cj - zj value. O the variable with the biggest positive cj - zj value.
- Question 1. The dean of a school of business is forecasting total student enrollment for this year (2019)'s summer session classes based on the following historical data: YEAR TOTAL ENROLLMENT y 2,000 2,200 2,800 3,000 2015 2016 2017 2018Question 21 A CFE of -140 suggests which of the following? Group of answer choices a. There is a bias towards over forecasting, though we cannot determine from the data provided whether that is severe bias or not b. There is a severe bias towards overforecasting c. There is a bias towards under forecasting, though we cannot determine from the data provided whether that is severe bias or not d. There is a severe bias towards under forecasting e. Bias is negligible in this caseQuestion 1: Market planning, Inc. a marketing research firm, has obtained the prescription sales data for 20 independent pharmacies (attached). In this table y is the average weekly prescription sales over the past year (in units of $1,000), x1 is the floor space (in square feet), x2 is the percentage of floor space allocated to the prescription department, x3 is the number of parking spaces available to the store, x4 is the weekly per capita income for the surrounding community (in units of $100), and x5 is a dummy variable that equals 1 if the pharmacy is located in a shopping center and 0 otherwise. Regress average weekly prescription sales against different combinations of the independent variables. What is the best model? Discuss what the parameter coefficients say about prescription sales.