Homework Help is Here – Start Your Trial Now!
Business
Operations Management
September / September 14 September 21 September 28 October 5 emand for the week of October 12 using a 3-week moving aver d your response to two decimal places). weighted moving average, with weights of 0.10, 0.30, and 0.60, cent week, the forecasted demand for the week of October 12 sponse to two decimal places and remember to use the weight - the largest weight applies to most recent period and smallest -iod.) 372 408 381 371 378 demand for the week of August 31 is 350 and α = 0.30, using ng, develop the forecast for each of the weeks with the known the week of October 12 (round your responses to two decimal Week Of Pints Used gust 31 Otember 7 350 372 100 Forecast for this Date 350 350.00 050

September / September 14 September 21 September 28 October 5 emand for the week of October 12 using a 3-week moving aver d your response to two decimal places). weighted moving average, with weights of 0.10, 0.30, and 0.60, cent week, the forecasted demand for the week of October 12 sponse to two decimal places and remember to use the weight - the largest weight applies to most recent period and smallest -iod.) 372 408 381 371 378 demand for the week of August 31 is 350 and α = 0.30, using ng, develop the forecast for each of the weeks with the known the week of October 12 (round your responses to two decimal Week Of Pints Used gust 31 Otember 7 350 372 100 Forecast for this Date 350 350.00 050

Practical Management Science
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
See similar textbooks
icon
Related questions
Question

Give typed full explanation

Just answer Part 3****

Week Of August 31 September 7 September 14 September 21 September 28 October 5 a) The forecasted demand for the week of October 12 using a 3-week moving average = 376.67 pints (round your response to two decimal places). Pints Used 350 372 408 381 371 378 b) Using a 3-week weighted moving average, with weights of 0.10, 0.30, and 0.60, using 0.60 for the most recent week, the forecasted demand for the week of October 12 = 376.20 pints (round your response to two decimal places and remember to use the weights in appropriate order the largest weight applies to most recent period and smallest weight applies to oldest period.) August 31 September 7 September 14 September 21 c) If the forecasted demand for the week of August 31 is 350 and x = 0.30, using exponential smoothing, develop the forecast for each of the weeks with the known demand and the forecast for the week of October 12 (round your responses to two decimal places). Week Of Pints Used 350 372 408 381 Forecast for this Date 350 350.00 356.60
Transcribed Image Text:Week Of August 31 September 7 September 14 September 21 September 28 October 5 a) The forecasted demand for the week of October 12 using a 3-week moving average = 376.67 pints (round your response to two decimal places). Pints Used 350 372 408 381 371 378 b) Using a 3-week weighted moving average, with weights of 0.10, 0.30, and 0.60, using 0.60 for the most recent week, the forecasted demand for the week of October 12 = 376.20 pints (round your response to two decimal places and remember to use the weights in appropriate order the largest weight applies to most recent period and smallest weight applies to oldest period.) August 31 September 7 September 14 September 21 c) If the forecasted demand for the week of August 31 is 350 and x = 0.30, using exponential smoothing, develop the forecast for each of the weeks with the known demand and the forecast for the week of October 12 (round your responses to two decimal places). Week Of Pints Used 350 372 408 381 Forecast for this Date 350 350.00 356.60
Expert Solution
steps

Step by step

Solved in 3 steps

SEE SOLUTIONCheck out a sample Q&A here
Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Practical Management Science
Practical Management Science
Operations Management
ISBN:
9781337406659
Author:
WINSTON, Wayne L.
Publisher:
Cengage,
Operations Management
Operations Management
Operations Management
ISBN:
9781259667473
Author:
William J Stevenson
Publisher:
McGraw-Hill Education
Operations and Supply Chain Management (Mcgraw-hi…
Operations and Supply Chain Management (Mcgraw-hi…
Operations Management
ISBN:
9781259666100
Author:
F. Robert Jacobs, Richard B Chase
Publisher:
McGraw-Hill Education
Business in Action
Business in Action
Operations Management
ISBN:
9780135198100
Author:
BOVEE
Publisher:
PEARSON CO
Purchasing and Supply Chain Management
Purchasing and Supply Chain Management
Operations Management
ISBN:
9781285869681
Author:
Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
Publisher:
Cengage Learning
Production and Operations Analysis, Seventh Editi…
Production and Operations Analysis, Seventh Editi…
Operations Management
ISBN:
9781478623069
Author:
Steven Nahmias, Tava Lennon Olsen
Publisher:
Waveland Press, Inc.
SEE MORE TEXTBOOKS