The weekly demand (in cases) for a particular brand of automatic dishwasher detergent for a chain of grocery stores located in Columbus, Ohio, follows. Week Demand 1 22 2 18 3 23 4 21 5 17 6 24 7 20 8 19 9 18 10 21 (a) Construct a time series plot. -A time series plot contains a series of 10 points connected by line segments. The horizontal axis is labeled Week and ranges from 0 to 10. The vertical axis is labeled Demand (in cases) and ranges from 0 to 30. The points are plotted at regular increments of 1 week starting at week 1 and ending at week 10 and appear to vary randomly between 15 and 25 on the vertical axis. -A time series plot contains a series of 10 points connected by line segments. The horizontal axis is labeled Week and ranges from 0 to 10. The vertical axis is labeled Demand (in cases) and ranges from 0 to 30. The points are plotted at regular increments of 1 week starting at week 1 and ending at week 10. They start on the left around 17 on the vertical axis and go up and to the right to around 24 on the vertical axis. -A time series plot contains a series of 10 points connected by line segments. The horizontal axis is labeled Week and ranges from 0 to 10. The vertical axis is labeled Demand (in cases) and ranges from 0 to 30. The points are plotted at regular increments of 1 week starting at week 1 and ending at week 10. They start on the left around 24 on the vertical axis and go down and to the right to around 17 on the vertical axis. -A time series plot contains a series of 10 points connected by line segments. The horizontal axis is labeled Week and ranges from 0 to 10. The vertical axis is labeled Demand (in cases) and ranges from 0 to 30. The points are plotted at regular increments of 1 week starting at week 1 and ending at week 10 and appear to vary randomly between 10 and 20 on the vertical axis. What type of pattern exists in the data? -The time series plot indicates a cyclical pattern. -The time series plot indicates a horizontal pattern. -The time series plot indicates a seasonal pattern. -The time series plot indicates a trend pattern. (b)Use a three-week moving average to develop a forecast (in cases) for week 11. (Round your answer to two decimal places.) F11 = (???) cases (c)Use exponential smoothing with a smoothing constant of ? = 0.4 to develop a forecast (in cases) for week 11. (Round your answer to two decimal places.) F11 = (?????)cases

The weekly demand (in cases) for a particular brand of automatic dishwasher detergent for a chain of grocery stores located in Columbus, Ohio, follows. Week Demand 1 22 2 18 3 23 4 21 5 17 6 24 7 20 8 19 9 18 10 21 (a) Construct a time series plot. -A time series plot contains a series of 10 points connected by line segments. The horizontal axis is labeled Week and ranges from 0 to 10. The vertical axis is labeled Demand (in cases) and ranges from 0 to 30. The points are plotted at regular increments of 1 week starting at week 1 and ending at week 10 and appear to vary randomly between 15 and 25 on the vertical axis. -A time series plot contains a series of 10 points connected by line segments. The horizontal axis is labeled Week and ranges from 0 to 10. The vertical axis is labeled Demand (in cases) and ranges from 0 to 30. The points are plotted at regular increments of 1 week starting at week 1 and ending at week 10. They start on the left around 17 on the vertical axis and go up and to the right to around 24 on the vertical axis. -A time series plot contains a series of 10 points connected by line segments. The horizontal axis is labeled Week and ranges from 0 to 10. The vertical axis is labeled Demand (in cases) and ranges from 0 to 30. The points are plotted at regular increments of 1 week starting at week 1 and ending at week 10. They start on the left around 24 on the vertical axis and go down and to the right to around 17 on the vertical axis. -A time series plot contains a series of 10 points connected by line segments. The horizontal axis is labeled Week and ranges from 0 to 10. The vertical axis is labeled Demand (in cases) and ranges from 0 to 30. The points are plotted at regular increments of 1 week starting at week 1 and ending at week 10 and appear to vary randomly between 10 and 20 on the vertical axis. What type of pattern exists in the data? -The time series plot indicates a cyclical pattern. -The time series plot indicates a horizontal pattern. -The time series plot indicates a seasonal pattern. -The time series plot indicates a trend pattern. (b)Use a three-week moving average to develop a forecast (in cases) for week 11. (Round your answer to two decimal places.) F11 = (???) cases (c)Use exponential smoothing with a smoothing constant of ? = 0.4 to develop a forecast (in cases) for week 11. (Round your answer to two decimal places.) F11 = (?????)cases

Algebra & Trigonometry with Analytic Geometry

13th Edition

ISBN:9781133382119

Author:Swokowski

Publisher:Swokowski

Chapter10: Sequences, Series, And Probability

Section10.2: Arithmetic Sequences

Problem 67E

See similar textbooks

Related questions

Question

The weekly demand (in cases) for a particular brand of automatic dishwasher detergent for a chain of grocery stores located in Columbus, Ohio, follows.

Week	Demand
1	22
2	18
3	23
4	21
5	17
6	24
7	20
8	19
9	18
10	21

(a)

Construct a time series plot.

-A time series plot contains a series of 10 points connected by line segments. The horizontal axis is labeled Week and ranges from 0 to 10. The vertical axis is labeled Demand (in cases) and ranges from 0 to 30. The points are plotted at regular increments of 1 week starting at week 1 and ending at week 10 and appear to vary randomly between 15 and 25 on the vertical axis.

-A time series plot contains a series of 10 points connected by line segments. The horizontal axis is labeled Week and ranges from 0 to 10. The vertical axis is labeled Demand (in cases) and ranges from 0 to 30. The points are plotted at regular increments of 1 week starting at week 1 and ending at week 10. They start on the left around 17 on the vertical axis and go up and to the right to around 24 on the vertical axis.

-A time series plot contains a series of 10 points connected by line segments. The horizontal axis is labeled Week and ranges from 0 to 10. The vertical axis is labeled Demand (in cases) and ranges from 0 to 30. The points are plotted at regular increments of 1 week starting at week 1 and ending at week 10. They start on the left around 24 on the vertical axis and go down and to the right to around 17 on the vertical axis.

What type of pattern exists in the data?

-The time series plot indicates a cyclical pattern.

-The time series plot indicates a horizontal pattern.

-The time series plot indicates a seasonal pattern.

-The time series plot indicates a trend pattern.

(b)Use a three-week moving average to develop a forecast (in cases) for week 11. (Round your answer to two decimal places.)

F₁₁ = (???) cases

(c)Use exponential smoothing with a smoothing constant of ? = 0.4 to develop a forecast (in cases) for week 11. (Round your answer to two decimal places.)

F₁₁ = (?????)cases

Expert Solution

Step by step

Solved in 5 steps with 1 images

SEE SOLUTION Check out a sample Q&A here