Write a data commentary based on the table below

Q: The following table shows the actual demand observed over the last 4 years: 1 8 1 7.0 Provide the…

A: Actual Demand for last 4 years is given below:

Q: write short notes on the following

A: Management is a method that helps managers and employees to improve their skills and knowledge for…

Q: How is trend analysis conducted?

A: A technique that is used to determine the future on the basis of past trends is termed trend…

Q: Evaluate demand using quantitative forecasting models.

A: Research is an organized and planned method of finding answers to the questions. It is a long…

Q: Give some examples of industries where demand forecasting is influenced by demand for other goods.

A: Forecasting future demand uses historical evidence, patterns, seasonality, and expert opinion to…

Q: forecast for weeks 7-24 using 6 week weighted moving average

A: Weighted moving average is a forecasting model which helps to identify the forecasting using the…

Q: Explain quantitative forecast methods?

A: The quantitative method of forecasting uses numerical and prior effects to predict the possible…

Q: What role does collaborative forecasting play in a supply chain of a build to order manufacturer…

A: The bullwhip effect in businesses disturb  the supply chain at many production and operational…

Q: S and S thester company wabts a 3-month moving average forecast. Ticket sales over the past 3 months…

A: Given data are stated below,  Month Ticket sales Month 1 30000 Month 2 40000 Month 3 37500…

Q: Forecast demand again with a weighted moving average in which sales in the most recent year are…

A: ANSWER IS AS BELOW:

Q: shipped and total shipping costs: Number of Units Shipped 75 Month January February March April May…

A: Given data is

Q: Project on textile industry during covid-19 and forecasting/development process through next year

A: The COVID-19 pandemic has posed a big threat to every business house. It has been very difficult for…

Q: State an example of industries where the demand forecasting is dependent on the demand of other…

A: To is determined: example of industries where the demand forecasting is dependent on the demand of…

Q: Forecasting Forecasting is important relative to capacity requirements planning. What are some of…

A: Qualitative data forecasting techniques mainly describes the characteristics and qualities of the…

Q: Calculate the forecast for week 16 using  - a 2-period moving avergage - a 3-period moving average

A: Forecasting means predicting in advance the future sales.

Q: How can the Forecast technique be improved?

A: Forecasting is a tool or technique which is used to predict future demand, risk and to analyze the…

Q: A resort cum restaurant spot in the area of Gazipur is open on the days of the week. The manager…

A: Given,

Q: Dave's Bar-B-Q operated a moble kitchen that serviced construction sites, office buildings, and…

A: From the given data, Let F3 = forecast value for third week of june       Y2= 6        F2=4.7…

Q: (a) Suppose the data in the table below represents total revenues (in $ millions) for one real…

A: Below is the solution:-

Q: Give examples of industries in which demand forecastingis dependent on the demand for other…

A: Demanding forecasting estimates future demand based on historical data, trends, seasonality, and…

Q: A retail store records customer demand during each sales period. The data has been collected in the…

A: given,

Q: Suppose the weekly demand for a call centre is shown in the table below. Apply the moving average…

A: Find the given details below: Given details: Week Demand 1 300 2 360 3 410 4 289 5…

Q: can you make an operations management analysis for this forecasting

A: The forecasting problem at Sanderson Produce Co. (SPC) involves predicting the quarterly demand for…

Q: The number of internal disk drives (in millions) made at a plant in Taiwan during the past 5 years…

A: Simple linear regression is determined with following formula: Y = a+bx Slope b =…

Q: Apply collaborative techniques to forecast demand.

A: Collaborative forecasting is the process for collecting and reuniting the information from different…

Q: Forecasting and Demand Management process in a mining industry

A: Forecasting process - Forecasting is the process of making predictions of the future based on past…

Q: Often, firms will work with their partners across the supply chain to develop forecasts and execute…

A: The supply chain is a network of all individuals, organizations, services, practices and…

Q: Using exponential smoothing, the forecasted demand for period 5 using the smoothing constant…

A: Exponential smoothing is a popular method of time series forecasting that uses a weighted average of…

Q: The following data shows sales forecast of Axis Dealer for motorbikes. Month Demand 1 650 2 700 810…

A: Given data:

Q: How do exponential smoothing have benefits over shifting.averages as a forecasting tool?

A: The benefits of exponential smoothing are as a prediction tool compared to moving averages.

Q: For the company Peloton Interactive complete a PESTLE analysis based on the UK.

A: PESTLE analysis is one of the numerous and widely used tools or frameworks largely by organizations…

Q: Using the data below, what is the value of MAD? Week Time Series Value Forecast 6. 4.00 7.00 4 6.00…

A: Week Time Series Value (A) Forecast (F) Error -=A-F |Error| 1 6 4 2 2 2 5 7 -2 2 3 4 6 -2 2…

Q: 5-17 Data collected on the yearly demand for 50-pound bags of fertilizer at Wallace Garden Supply…

A: Forecasting is the process of determining the estimated forecast for the future using the previous…