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 forecastsâapril through september)? (display your answer to two decimal places.)
what is the mape for this forecast (based on six months of forecastsâapril through september)? (write your answer as a percentage and display your answer to twodecimal places.)
Answers: 2
Business, 22.06.2019 04:00, elijahcraft3
Wallis company manufactures only one product and uses a standard cost system. the company uses a predetermined plantwide overhead rate that relies on direct labor-hours as the allocation base. all of the company's manufacturing overhead costs are fixedâit does not incur any variable manufacturing overhead costs. the predetermined overhead rate is based on a cost formula that estimated $2,886,000 of fixed manufacturing overhead for an estimated allocation base of 288,600 direct labor-hours. wallis does not maintain any beginning or ending work in process inventory.
Answers: 2
Business, 22.06.2019 14:40, annahm3173
In the fall of 2008, aig, the largest insurance company in the world at the time, was at risk of defaulting due to the severity of the global financial crisis. as a result, the u. s. government stepped in to support aig with large capital injections and an ownership stake. how would this affect, if at all, the yield and risk premium on aig corporate debt?
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