Mitchell's mills is a startup looking to break into the preparedness market with a revolutionary new wheat grinder called the wg1. since mitchell's is a new company they do not have any historical data for sales of its flagship product, but they estimate they will be able to sell 400 in the month of april. the table below contains actual sales data for april and each of the succeeding five months (through september):
month
wg1s sold
forecast
apr
397
400
may
395
jun
455
jul
403
aug
409
sep
427
suppose it was the beginning of may and you were asked to develop a forecast for the month of may. your only actual sales data was for the month of april. because of this paucity of data you decide to use the exponential smoothing method for the construction of your forecasting model. you determine that an alpha value of 0.5 would be appropriate.
based on the above information, what would have been your forecast for the month of may? (display your answer to two decimal places.)
if you follow this same forecasting process through all the months, continuing with june and going through september, what would be the forecast in the month of september? (display your answer to two decimal places.)
what is the mad for this forecast (based on six months of forecasts—april through september)? (display your answer to two decimal places.)
what is the mape for this forecast (based on six months of forecasts—april through september)? (write your answer as a percentage and display your answer to twodecimal places.)
Answers: 2
Business, 21.06.2019 16:00
The proliferation of bittorrent and other file sharing media have threatened the copyright system. based on an understanding of incentives and opportunity cost, how are the decisions of musicians likely impacted?
Answers: 2
Business, 21.06.2019 20:30
Anewspaper boy is trying to perfect his business in order to maximize the money he can save for a new car. daily paper sales are normally distributed, with a mean of 100 and standard deviation of 10. he sells papers for $0.50 and pays $0.30 for them. unsold papers are trashed with no salvage value. how many papers should he order each day and what % of the time will he experience a stockout? are there any drawbacks to the order size proposed and how could the boy address such issues?
Answers: 3
Business, 22.06.2019 10:00
Scenario: you have advised the owner of bond's gym that the best thing to do would be to raise the price of a monthly membership. the owner wants to know what may happen once this price increase goes into effect. what will most likely occur after the price of a monthly membership increases? check all that apply. current members will pay more per month. the quantity demanded for memberships will decrease. the number of available memberships will increase. the owner will make more money. bond's gym will receive more membership applications.
Answers: 1
Business, 22.06.2019 11:30
On average, someone with a bachelor's degree is estimated to earn times more than someone with a high school diploma. a)1.2 b)1.4 c)1.6 d)1.8
Answers: 1
Mitchell's mills is a startup looking to break into the preparedness market with a revolutionary new...
Geography, 24.11.2021 04:50
Mathematics, 24.11.2021 04:50
Mathematics, 24.11.2021 04:50
Biology, 24.11.2021 04:50
Chemistry, 24.11.2021 04:50
Computers and Technology, 24.11.2021 04:50
Mathematics, 24.11.2021 04:50
Mathematics, 24.11.2021 04:50
Mathematics, 24.11.2021 04:50
Mathematics, 24.11.2021 04:50
Physics, 24.11.2021 04:50
Mathematics, 24.11.2021 04:50
Mathematics, 24.11.2021 04:50
Arts, 24.11.2021 04:50