Maryland CaféUsing the following information to answer the questions, Please take 2 decimals in calculation.MonthSales ('000s)January2437FebruaryMarch24422439April2$29MayJune4940JulyAugustSeptember394043October??1. What is the forecast for October using a 5-month moving average approach?$42,2002. What is the forecast for October using a 3-month weighted moving average approach? In order from mostrecent to least recent month, assign weights of 0.5, 0.2 and O.1$41,4703. What is the forecast for October using exponential smoothing with alpha = 0.2, July forecast was 30$35.350

The question is based on time series Given data :

Answered: Month Sales ('000s) January 2$ 37…

College Algebra (MindTap Course List)

12th Edition

ISBN:9781305652231

Author:R. David Gustafson, Jeff Hughes

Publisher:R. David Gustafson, Jeff Hughes

Chapter4: Polynomial And Rational Functions

Section4.6: Rational Functions

Problem 11SC: Find the mean hourly cost when the cell phone described above is used for 240 minutes.

See similar textbooks

Similar questions

Find the mean hourly cost when the cell phone described above is used for 240 minutes.
What is the approximate forecast for November using a four-month moving average? Oct - 700Sept - 600Aug - 880July - 670June - 430
Samurai Inc is a popular travel option for travelers between Japan and mainland Asia especially South Korea. However, due to the South Korea’s Discord with its neighbour and the following uncertainty regarding peace negotiation in the Korean Peninsula, the number of ground travel continues to fluctuate. Table 1 shows the number of car travel (y) per quarter between Japan and South Korea between 2013 and 2019. Table Attached Question: Calculate the Adjusted Seasonal Index for Q1, Q2, Q3, and Q4.
Community Hospital began the year 2019, a non-leapyear, with 102 beds. By March 1st, it had expanded the number of beds to 116. In April through June, the hospitalreported 120 beds, which increased to 124 beds in Julythrough October. Finally, the hospital completed itsexpansion process in November to end the year with 130beds. Use these data to answer the questions below. Roundto one decimal place.(i) Calculate the percentage of occupancy for each month.(ii) Calculate the percentage of occupancy for each quarter(January through March, April through June, July throughSeptember, and October through December).(iii) Calculate the percentage of occupancy for the year.
On the first day of your job, you were assigned to evaluate/measure the performance of their previous forecasts by calculating the MAD and MAPE, using the following previous sales and forecasting data. Period Actual Forecast Abs Error Abs Percentage Error 1 110 103 ? ? 2 102 108 ? ? 3 105 106 ? ? MAD ? MAPE ? The MAPE of this forecasting is (Please choose the closest one)
I'm not sure what is wrong with my calculation finding the mean shipment time (in h)
Compare California's adjusted rate with that of Florida. Use information in the table provided.
In a move to provide additional sales for U.S. car manufacturers, the White House announced the purchase of 17,600 new fuel-efficient vehicles for the federal fleet. Suppose the new fleet, which includes 2,500 hybrid sedans, will cost $295 million. As an accountant in the White House Budget Office (WHBO), you have been asked to calculate the following: (a) If each hybrid vehicle will have an average cost of $21,000, what will be the average cost per non-hybrid vehicle? Round to the nearest whole dollar.
Using the data in Table 6–11, calculate a 3-month moving average forecastfor month 12.
Convinced about the importance of data processing through of statistics, Matheus, a production engineer, needs to do an analysis of the following data, which refers to daily production, in tons, from a company that operates in the processing industry of sugar cane. c) With the tabulated data, Matheus approaches the measures of central tendency, that is, it calculates the mean, median and the fashion. Here, present the calculations, as well as the interpretation that Matheus will get by performing such measurements. (Attention, do the calculations of position measurements from the frequency distribution built on letter a. DO NOT calculate position measurements using the initial raw data of the utterance).
Convinced about the importance of data processing through of statistics, Matheus, a production engineer, needs to do an analysis of the following data, which refers to daily production, in tons, from a company that operates in the processing industry of sugar cane. c) With the tabulated data, Matheus approaches the measures of central tendency, that is, it calculates the mean, median and the fashion. Here, present the calculations, as well as the interpretation that Matheus will get by performing such measurements. (Attention, do the calculations of position measurements from the frequency distribution built on letter a. DO NOT calculate position measurements using the initial raw data of the utterance). d) Matheus realizes that the daily processing of sugar cane can be estimated by a Poisson distribution. using the average of processing obtained in letter c of this activity, what is the probability that 52 tons will be processed on any given day of sugar cane? interpret the result
Please use the info proovided to answer the 3 subquestions: 1.a) What population is the Office of Financial Aid administrators interested in? 1.b) Is the Stats 250 data representative for this population? Justify your answer 1.c) What factors involving the winter 21 semester could be affecting the response of interest (cost of textbook)?

SEE MORE QUESTIONS

Recommended textbooks for you

College Algebra (MindTap Course List)

Algebra

ISBN:

9781305652231

Author:

R. David Gustafson, Jeff Hughes

Publisher:

Cengage Learning

College Algebra (MindTap Course List)

Algebra

ISBN:

9781305652231

Author:

R. David Gustafson, Jeff Hughes

Publisher:

Cengage Learning

SEE MORE TEXTBOOKS