Homework Help is Here – Start Your Trial Now!
Math
Statistics
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 O 1 2 3 4 5 30- 6 7 8 9 10 25+ 20 15- 10+ 5+ 0+ 22 0 18 23 21 17 24 20 (a) Construct a time series plot. 19 18 21 1 2 3 4 5 6 7 8 Week What type of pattern exists in the data? O The time series plot indicates a seasonal pattern. O The time series plot indicates a horizontal pattern. O The time series plot indicates a trend pattern. The time series plot indicates a cyclical pattern. cases 9 10 cases 30 T 25 20 15- 10+ 5+ 0 0 1 2 3 4 5 6 7 8 9 10 Week (b) Use a three-week moving average to develop a forecast (in cases) for week 11. (Round your answer to two decimal places.) O 30 25 20 15- 10+ 5+ 0 0 1 2 3 4 5 6 7 8 9 10 Week (c) Use exponential smoothing with a smoothing constant of a 0.3 to develop a forecast (in cases) for week 11. (Round your answer to two decimal places.) 20- F 15- 10+ 0- 01 23 4 5 30T 25+ 5- 6 7 8 9 10 Week

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 O 1 2 3 4 5 30- 6 7 8 9 10 25+ 20 15- 10+ 5+ 0+ 22 0 18 23 21 17 24 20 (a) Construct a time series plot. 19 18 21 1 2 3 4 5 6 7 8 Week What type of pattern exists in the data? O The time series plot indicates a seasonal pattern. O The time series plot indicates a horizontal pattern. O The time series plot indicates a trend pattern. The time series plot indicates a cyclical pattern. cases 9 10 cases 30 T 25 20 15- 10+ 5+ 0 0 1 2 3 4 5 6 7 8 9 10 Week (b) Use a three-week moving average to develop a forecast (in cases) for week 11. (Round your answer to two decimal places.) O 30 25 20 15- 10+ 5+ 0 0 1 2 3 4 5 6 7 8 9 10 Week (c) Use exponential smoothing with a smoothing constant of a 0.3 to develop a forecast (in cases) for week 11. (Round your answer to two decimal places.) 20- F 15- 10+ 0- 01 23 4 5 30T 25+ 5- 6 7 8 9 10 Week

MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
See similar textbooks
icon
Related questions
Question
100%
The weekly demand (in cases) for a particular brand of automatic dishwasher detergent for a chain of grocery stores located in Columbus, Ohio, follows. O Week Demand (in cases) 30 25 20 15 1 0 2 3 10- 5 4 5 6 7 8 9 10 Demand 22 0 1 2 18 23 (a) Construct a time series plot. 21 17 24 20 8 19 18 21 3 4 5 6 Week What type of pattern exists in the data? cases 7 8 9 10 The time series plot indicates a seasonal pattern. O The time series plot indicates a horizontal pattern. O The time series plot indicates a trend pattern. O The time series plot indicates a cyclical pattern. cases 30- 25 20 15+ 10- 5 0 + 0 1 2 3 4 5 Week 6 7 8 (b) Use a three-week moving average to develop a forecast (in cases) for week 11. (Round your answer to two decimal places.) F11 = 9 10 30 25 20+ 15 10+ 5+ 0 + 0 1 2 3 4 5 6 6 7 8 9 10 Week (c) Use exponential smoothing with a smoothing constant of a = 0.3 to develop a forecast (in cases) for week 11. (Round your answer to two decimal places.) F11 = Demand (in cases) 301 25 20 15- 10+ 5+ 0 + 01 2 3 4 5 6 7 8 9 10 Week Ⓡ
Transcribed Image Text:The weekly demand (in cases) for a particular brand of automatic dishwasher detergent for a chain of grocery stores located in Columbus, Ohio, follows. O Week Demand (in cases) 30 25 20 15 1 0 2 3 10- 5 4 5 6 7 8 9 10 Demand 22 0 1 2 18 23 (a) Construct a time series plot. 21 17 24 20 8 19 18 21 3 4 5 6 Week What type of pattern exists in the data? cases 7 8 9 10 The time series plot indicates a seasonal pattern. O The time series plot indicates a horizontal pattern. O The time series plot indicates a trend pattern. O The time series plot indicates a cyclical pattern. cases 30- 25 20 15+ 10- 5 0 + 0 1 2 3 4 5 Week 6 7 8 (b) Use a three-week moving average to develop a forecast (in cases) for week 11. (Round your answer to two decimal places.) F11 = 9 10 30 25 20+ 15 10+ 5+ 0 + 0 1 2 3 4 5 6 6 7 8 9 10 Week (c) Use exponential smoothing with a smoothing constant of a = 0.3 to develop a forecast (in cases) for week 11. (Round your answer to two decimal places.) F11 = Demand (in cases) 301 25 20 15- 10+ 5+ 0 + 01 2 3 4 5 6 7 8 9 10 Week Ⓡ
(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 a = 0.3 to develop a forecast (in cases) for week 11. (Round your answer to two decimal places.) F11 cases = (d) Which of the two methods do you prefer? Why? O The 3-week moving average is preferable since it has a larger MSE compared to exponential smoothing with a = 0.3. Exponential smoothing with a = 0.3 is preferable since it has a smaller MSE compared to the 3-week moving average. Exponential smoothing with a = 0.3 is preferable since it has a larger MSE compared to the 3-week moving average. O The 3-week moving average is preferable since it has a smaller MSE compared to exponential smoothing with a = 0.3.
Transcribed Image Text:(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 a = 0.3 to develop a forecast (in cases) for week 11. (Round your answer to two decimal places.) F11 cases = (d) Which of the two methods do you prefer? Why? O The 3-week moving average is preferable since it has a larger MSE compared to exponential smoothing with a = 0.3. Exponential smoothing with a = 0.3 is preferable since it has a smaller MSE compared to the 3-week moving average. Exponential smoothing with a = 0.3 is preferable since it has a larger MSE compared to the 3-week moving average. O The 3-week moving average is preferable since it has a smaller MSE compared to exponential smoothing with a = 0.3.
Expert Solution
steps

Step by step

Solved in 5 steps with 1 images

SEE SOLUTIONCheck out a sample Q&A here
Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
Elementary Statistics: Picturing the World (7th E…
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
The Basic Practice of Statistics
The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman
Introduction to the Practice of Statistics
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman
SEE MORE TEXTBOOKS