Based on the following data, the forecasting equation is Y-70.6+4.13t Month (0 Demand 74 90 59 91 140 98 110 6. 7. a) According to the above equation, predict demand for months 1 to 8 b) Calculate the MSE of the prediction
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- The Oxford Dictionary defines the word nominal asa value that is “stated or expressed but notnecessarily corresponding exactly to the real value.[18]Develop a reasonable argument for why the termnominal rate is used to describe the annual percentagerate of an investment account that compoundsinterest.The Fast Track Ski Shoppe sells ski goggles during the four months of the ski season.Average demand follows: a. Calculate the deseasonalized sales and the seasonal index for each of the fourmonths.b. If next year’s demand is forecast at 1200 pairs of goggles, what will be the forecast sales for each month?Suppose that the Perpetual Help College of Rizal had the following record of its growth of enrollment from 2011 -2020. Year Enrolment Year Enrolment 2011 5,200 2016 7,000 2012 5,500 2017 8,800 2013 6,000 2018 9,400 2014 6,500 2019 9,600 2015 6,800 2020 10,500 c) Using exponential smoothing and smoothing constant of .30 and 2011 previous forecast of 5200, develop a forecast of enrolment from 2012 to 2021. d) Forecast enrollment using Trend line Projection from 2011 to 2021. e) Evaluate forecast accuracy of each forecast model using MSE .…
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- The table below contains monthly (six months) demand estimates and working days per month. Month Demand Production Days JAN 1,500 20 FEB 1,200 24 MAR 1,000 25 APR 1,600 25 MAY 1,100 20 JUN 1,300 26 For the implementation of the “Level” strategy, the average demand (in units/day) over the six-month planning horizon is equal to;Mac Corp. is considering a project that has the following cash flow data. What is the project’s internal rate of return (IRR)? Year 0 1 2 3 Cash flow -$1,000 $425 $425 $425Show that the equivalent nominal interest and discount rates j(m) and d(m) the relationships consistent with the previous results.
- Use regression analysis on deseasonalized demand to forecast demand in summer 2013. Forecast for summer 2023 ______- Given the following demand. What is the forecast for period 6 and 15. (a = .40 and b = .70 ) Period demand base trend forecast -------- ---------- ----------- --------- ---------- 1 50 2 70 3 60 70 15 4 90 5 100 6Given the following average demand for each month, calculate the seasonal indicesfor each month.