A company wants to produce a weighted moving average forecast for April with the weights 0.40, 0.35, and 0.25 assigned to March, February, and January respectively. If the company had demands of 5,000 in January, 4,750 in February, and 5,200 in March, then April's forecast is

Forecasting  Historical records show the past ten Hood Lacrosse games having the following attendance:5348, 7814, 6515, 5785, 5984, 6522, 6286, 5581, 6714, 7347Assuming no seasonal component, what should the concessions staff use as an estimate for thenext game? Please use a four-period moving average for this forecast.   please use excel for solving

Use the sales data in the table ( attached Image) and apply the same forecast method when α = 0.1, 0.2, 0.3, 0.4, 0.5, 0.6, 0.7, 0.8, 0.9, and 1. What is the best value for α? What does the best value of α indicate or show in regards to the forecast model? (Hint: Use Microsoft Excel to solve the question)

The actual number of patients at Providence Emergency Medical Clinic for the first six weeks of this year follows: The value of the forecast is Week Actual No. of Patients 45 49 IT 56 40 44 55 Clinic administrator Dana Schniederjans wants you to forecast patient numbers at the clinic for week 7 by using this data. You decide to use a weighted moving average method to find this forecast. Your method uses four actual demand levels, with weights of 0.333 on the present period, 0.250 one period ago, 0.250 two periods ago, and 0.167 three periods ago. a) What is the value of your forecast? patients (round your response to two decimal places). 123456

A police station had to deploy a police officer for an emergency multiple times in the last four evenings. The table below shows the number of emergencies each evening. Weekday Number of calls each day Monday Tuesday Wednesday Thursday 6. 12 13 (Round your answer to 1 decimal place.) What would be their forecast for the emergencies on Friday using a two-day moving average approach? 12.5 calls Forecast for Friday 2 of 5 Next > < Prev

Given is a historical time series for job services demand in the prior 6 months. Month 1 2 3 4 5 6 Demand 799 816 789 814 815 805 The Period 6 forecast by using weighted moving average with weights of 0.05, 0.25, 0.40, and 0.30 = Blank 1 (in 2 decimal places)

The demand data for Double T Computer Services appears below.  The company wants you to forecast the demand for period 4.  What is your forecast using the least squares method? Period Demand 1 37 2 40 3 40

A police station had to deploy a police officer for an emergency multiple times in the last four evenings. The t below shows the number of emergencies each evening. Weekday Number of calls each day Monday 10 Tuesday 2 Wednesday 12 Thursday 12 (Round your answer to 1 decimal place.) What would be their forecast for the emergencies on Friday using a two-day moving average approach? Forecast for Friday calls

12.7 The Intrepid mutual fund of growth stocks has had the following average monthly price for the past 10 months. Month 1 2 3 4 5 6 7 8 9 10 Fund Price 62.7 63.9 68.0 66.4 67.2 65.8 68.2 69.3 67.2 70.1 Compute the exponentially smoothed forecast with a = 0.40, the adjusted exponentially smoothed forecast with a = 0.40 and ß = 0.30, and the linear trend line forecast. Compare the accuracy of the three forecasts using cumulative error and MAD, and indicate which forecast appears to be most accurate.

Given an actual demand this period of 90, a forecast for this period of 58, and an alpha of 0.2, what would the forecast for the next period be using exponential smoothing?