Week 1 2 3 4 5 6 7 8 9 10 Demand 20 21 27 37 26 29 36 20 25 28 The forecast for weeks 2 through 10 using exponential smoothing with a =0.50 and a week 1 initial forecast of 20.0 are (round your responses to two decimal places):
Q: Sky UK Limited is a British broadcaster and telecommunications company that provides television and…
A: Creative Commons (CC) is a universally active non-profit organization that offers free licenses for…
Q: Which one of the following conditions you would least expect in a supply-driven market? a. Highly…
A: Technological innovations can be referred to as the introduction of new and advanced goods and…
Q: You have been made the purchasing manager of a local restaurant. This restaurant is part of a chain…
A: Before deciding whether the purchasing manager should opt for a centralised‐; decentralised ‐ or…
Q: briefly the steps how chatbots work and evolve for driving customer service and marketing obj
A: Marketing helps to create exchanges with customer. Production activity basically helps to create the…
Q: state and explained some recommendation suggested by a communication and Pr managers as part of a…
A: Public Relations encompasses an organization's predefined and active participation with or within a…
Q: Overly optimistic forecasts by retail store buyers can easily lead retailers to overorder, resulting…
A: Forecasting is the procedure of doing estimations of future activities based on past and present…
Q: What exactly is a programme? What is a portfolio of projects? Examine the link between project,…
A: Ans. Introduction A project is a brief undertaking embraced by an organization or association (like…
Q: Develop recommendation for future strategy of Kmart using the Balanced Scorecard tool. The…
A: An organization's performance is determined by a balanced scorecard, which also determines whether…
Q: Is the advertisement effective in reaching the target audience in terms of selected media and its…
A: The Disneyland Resort, also known as Disneyland or just the "Resort," is a resort area in Anaheim,…
Q: What is Human Resources manage
A: Management is an important aspect of business. There are various departments of business such as…
Q: Identify where in the PLC the brand is currently Based on its place in the PLC, identify and…
A: Brand cannot be defined in a single line or even lines for that matter. A brand can be a logo, a…
Q: The changes in Channel power are making the companies to enjoy less than desired outcome from their…
A: A channel is a medium through which information, and product, can be traded between the customer and…
Q: What is E marketing?
A: E-marketing, often known as electronic marketing, describes advertising done online. Internet…
Q: What is the macro-environment of marketing? Why do marketing managers conduct environmental…
A: Marketing refers to set of business actions or activities that are responsible for promoting or…
Q: topic: Restaurant b. design concept
A: Ans. Introduction Your restaurant should be intended to such an extent that it would mesmerize your…
Q: What is the role of advertising?
A: Advertising is a way to interact with customers about a good or service. Advertisements are messages…
Q: Pricing policy not only influences the company's sales and revenues but also reflects the image of…
A: Pricing Strategy can be referred to as the fixation of prices for the products and services sold by…
Q: Before beginning the design phase, how will you ensure that the process of analysing the needs of…
A: What is designing? Designing can of two types: Designing a new product Changing the design of an…
Q: scribe major tends in today's natural environment and briefly explain how these trends affect…
A: No business works in isolation. It is continuously influenced by numerous forces around it which can…
Q: Explain how you intend to limit the number of mark-downs in clothing store.
A: It will happen one of these days if it is not done yet. you will have an inventory that does not…
Q: https://www.nytimes.com/2021/01/24/health/covid-vaccine-promotion-New-Orleans.html?ref=oembed In…
A: Covid-19 had greatly impacted the world as it had caused pandemic which created several problems for…
Q: How can we as individuals ensure we are getting the best information about current events?
A: The dissemination of fabricated news to affect general opinion on certain issues is not a new…
Q: In the course of employment, organizations also carry out employee training to improve employee…
A: Disclaimer: Since you have asked multiple question, so we will solve the first question for you. If…
Q: Which of Cadbury's actions do you think were done to protect its reputation?
A: The customers gave Cadbury another chance. Market studies specified that consumers eventually…
Q: You have been tasked by Corica Pastries, to setup a retail location anywhere in Malaysia, to…
A: The retail operation can be elaborated as a term that explains all the activities that help a store…
Q: Use a clear example to demonstrate when a valid and legal contract can be declared void and explain…
A: A contract is void if, after it has been entered into, it becomes impossible or unlawful to carry…
Q: The Government of Ghana has received a grant from JICA to build a number of hospitals in the…
A: Medical ethics is a reasonable subfield of moral philosophy that examines ethical dilemmas and…
Q: write overview on bird construction company
A: Construction business involves making buildings, roads, bridges, etc. It also includes renovating…
Q: What is the nature of business of philippine airlines ?
A: Ans. Introduction Spearheading in start to finish aircraft tasks that comprise its very own…
Q: Imagine you are explaining the difference between digital marketing and e-commerce to a marketing…
A: The emergence of e-commerce has significantly facilitated the customers to purchase online and they…
Q: Describe the background and overall idea of the incentive theories and need theories. Provide…
A: A behavioural theory called the incentive theory of motivation states that people are driven by a…
Q: FILL IN THE BLANKS. Write the CAPITAL letter of the correct answers on the blanks provided in the…
A: Disclaimer: Since you have posted a question with multiple sub-parts, so we will solve first three…
Q: rvice hotels and resorts and the flagship brand of American multinational hospitality company…
A: Marketing is the exchange created by the company with customers. It is a primary activity for any…
Q: Which core trait is described by this statement: "They have the ability to know what products and…
A: Marketing is a process which involves various actions or activities that need to be carried out by…
Q: 1. Scheduled passenger air transport 2. Internet service providers 3. Credit unions the following…
A: As per the Bartleby Honor code we are not supposed to answer more than 3 interlinked questions at a…
Q: What is microenvironmental factors have affected Fitbit since it opened for business
A: Fitbit gained popularity among all types of consumers despite being a little "start-up" at first.…
Q: Identify three types of stakeholders for clothing store.
A: There are three types of stakeholder of a clothing store:- Internal or External Primary or…
Q: es to take up to meet the skill shortages so that there is no problem in realizing plan targets due…
A: A labour shortage occurs when there are more open positions than unemployed workers, and it has…
Q: As a marketing team at your company, you have been given the opportunity to attend two virtual…
A: Customer Relationship management is an umbrella term which involved the strategies, techniques and…
Q: INSTRUCTION: Give one example of a social entrepreneur, describe his/her business, and then explain…
A: Ans. Introduction Social entrepreneurship is starting of a company with the purpose to fulfil…
Q: When should you employ an omnichannel strategy in Distribution Management? Give two explanations,…
A: Companies use omnichannel distribution, a multichannel strategy, to enable customers to make…
Q: Imagine that you own a coffee shop in downtown Toronto. You think it's time to expand to a second…
A: Marketing research states the procedure in which the objective is to find to market gap and…
Q: How can we as individuals ensure we are getting the best information about current events? How can…
A: Following tips/suggestions should be followed by the individuals to ensure that they are getting the…
Q: The Emergence of the digital firm and globalisation are two of the three factors which have…
A: Micheal porter developed the five forces model to ascertain the attractiveness of the industry and…
Q: When it comes to technology, are there more advantages than drawbacks?
A: Technology: It is a systematic application of scientific knowledge used to perform various tasks. It…
Q: Name ONE type of leadership, presented in this course that is best to address ONE form of CHANGE…
A: Leadership that is authoritarian Authoritarian leadership enables a leader to set goals and impose…
Q: Do geographical indications (GIs) offer benefits to consumers? Are there disadvantages for sellers?…
A: Geographical indication (GI) is a unique identity and sign used on various type of products which…
Q: Choose a company using some IT solutions for business innovation and growth Why was the technology…
A: The use of Information technology has seen a rapid increase worldwide because of the facilities and…
Q: uld a company pu
A: Market segmentation is the division of a market into numerous homogeneous groups of consumers, each…
Q: The risk that is faced by businesses that are dependent on information technology has either grown…
A: The objective of information security management is to make sure continuity of business and minimize…
Step by step
Solved in 2 steps
- Under what conditions might a firm use multiple forecasting methods?Week Sales1 27502 31003 32504 28005 29006 30507 33008 31009 295010 300011 320012 3150Develop a three-week moving average. A.What is the forecast for week 5? (Make sure no decimal place and no comma. EX: 1234) B.What is the value of MSE (mean squared error) with regard to a three-week moving average? (Make sure no decimal place and no comma. EX: 1234) C.Develop the exponential smoothing with the alpha value of 0.20. What is the forecast for week 5? (Make sure no decimal place and no comma. EX: 1234) D.What is the value of MSE (mean squared error) with regard to the exponential smoothing? (Make sure no decimal place and no comma. EX: 1234) E.Which method is more accurate? (1 for Moving average, 2 for Exponential Smoothing)6. Consider the following data table. (12 Points) a) Forecast demand using exponential smoothing with an apha of 0.25, and an initial forecast of 128.0 for period 1. b) Calculate the MAD and MSE. Period Real demand 130 138 129 140 3 4 5 133
- Given November actual demand of 61, November forecast of 58, and an alpha of 0.4, November trend value +1.03, Beta of 0.3 what would the forecast including trend (FIT) for the December period be using exponential smoothing model 2? Select one: a. 62.03 b. cannot be found c. 68.76 d. 65.72Forecast based on averages. Given the following data: Period Number of Complaints 1 70 2 75 3 65 4 68 5 74 Prepare a forecast for period 6 using each of these approaches: a. A weighted average using weights of .50 (most recent), .30, .20 b. Exponential smoothing with a smoothing constant of .40An electrical contractor's records during the last five weeks indicate the number of job requests: Week: Requests: 1 2 3 5 25 27 25 26 27 Click here for the Excel Data File Predict the number of requests for week 6 using each of these methods: a. Naive. Number of requests b. A four-perlod moving average. (Round your answer to 2 decimal places.) Number of requests
- Home-Style Cookies tracks monthly sales by type of cookie, see the following table. Month Chocolate Chip (000 units) Peanut Butter (000 units) Filled (000 units) Feb. 19 15 10 Mar. 18 14 9 Apr. 15 11 8 May 20 16 11 Jun. 18 14 10 Jul. 22 18 12 Aug. 20 16 10 Sep. Create a line chart in Excel showing monthly sales by type of cookies (each type will have its own line); then, forecast September sales volume for chocolate chip cookies using each of the following: the naïve approach; a 5-month moving average; a weighted average using .60 for August, .30 for July, and .10 for June; and a linear trend equation.Accuracy of forecasts. The manager of a large manufacturer of industrial pumps must choose betweentwo alternative forecasting techniques. Both techniques have been used to prepare forecasts for a sixmonth period. Using MAD as a criterion, which technique has the better performance record?FORECASTMonth Demand Technique 1 Technique 21 492 488 4952 470 484 4823 485 480 4784 493 490 4885 498 497 4926 492 493 4931 The demand for automobiles at Crescent Auto Dealers for the past 8 weeks is as follows. Week Auto Demand Weights1 9 0.12 11 0.33 8 0.64 125 106 137 78 12a Develop a 3-week moving average forecast for Weeks 4 through 9b Develop a 3-week weighted average forecast…
- - Sales of tablet computers at Ted Glickman's electronics store in Washington, D.C., over the past 10 weeks are shown in the table below: 6 10 Week 1 Demand 20 2 3 23 27 4 5 37 26 7 8 9 30 35 22 24 29 a) The forecast for weeks 2 through 10 using exponential smoothing with a = 0.55 and a week 1 initial forecast of 20.0 are (round your responses to two decimal places): Week 1 Demand 20 Forecast 20.0 2 3 23 27 4 37 5 26 6 30 7 35 8 22 9 24 10 29Passenger miles flown on Northeast Airlines, a commuter firm serving the Boston hub, are shown for the past 12 weeks: 2 3 21 19 Week 1 Actual Passenger Miles (in thousands) 17 Week Forecasted Passenger Miles (in thousands) a) Assuming an initial forecast for week 1 of 17,000 miles, use exponential smoothing to compute miles for weeks 2 through 12. Use α = 0.2 (round your responses to two decimal places). 10 11 4 5 6 7 8 9 23 18 16 20 18 22 20 15 2 1 3 4 6 7 17.00 17.00 17.80 18.04 19.03 18.83 18.26 5 8 18.61 9 18.49 19.19 10 12 22 11 12The table shows the values found in the error analysis. What method of forecasting would be best to use? What is the forecasted value? MSE forecast for week 13 Time Series 1.08 14.76 3-week MA 3.04 13.67 exp smoothing 11.04 9.5 Group of answer choices A.) Time Series, forecasted value = 14.76 B.) 3-week MA, forecasted value = 13.67 C.) exp smoothing, forecasted value = 9.5 D.) Time Series, forecasted value = 1.08 E.) 3-week MA, forecasted value = 3.04 F.) exp smoothing, forecasted value = 11.04
