Discussion 2 66 unread replies.66 replies. Answer the following questions and di
Discussion 2
66 unread replies.66 replies.
Answer the following questions and discuss with a peer:
Auto sales at Carmen’s Chevrolet are shown below. Develop a 3-week moving average to forecast the sales in Week 7.
Weekly Auto SalesWeek
Auto Sales
1
8
2
10
3
9
4
11
5
10
6
15
7
–
Carmen’s decides to forecast auto sales by weighting the four weeks as follows. Develop a 4-week weighted moving average to forecast the sales in Week 7, based on the data in problem 1.
Auto Sales ForecastingWeights Applied
Period
4
Last week
3
Two weeks ago
2
Three weeks ago
1
Four weeks ago
10
Total
Exercise 2
Complete the following Forecasting problems:
Problem 1
Exponential smoothing is used to forecast automobile battery sales. Two value of α are examined, α = 0.8 and α = 0.5 Evaluate the accuracy of each smoothing constant. Which is preferable? (Assume the forecast for January was 22 batteries.) Actual sales are given below:
Forecasting TableMonth
Actual Battery Sales
Forecast
January
20
22
February
21
March
15
April
14
May
13
June
16
Problem 2
Coffee Palace’s manager, Joe Felan, suspect that demand for mocha latte coffees depends on the price being charged. Based on historical observations, Joe has gathered the following data, which shows the numbers of these coffees sold over six different price values:
Price Number Sold
$2.70 760
$3.50 510
$2.00 980
$4.20 250
$3.10 320
$4.05 480
Using these data, how many mocha latte coffees would be forecast to be sold according to simple linear regression if the price per cup were $2.80?
Instructions / Notes
Please type your answers into a Word document and upload to this assignment.
Please make a separate word doc for discussion 2 and excercise 2.
Calculate the price of your order
Select your paper details and see how much our professional writing services will cost.
- Freebies
- Format
- Formatting (MLA, APA, Chicago, custom, etc.)
- Title page & bibliography
- 24/7 customer support
- Amendments to your paper when they are needed
- Chat with your writer
- 275 word/double-spaced page
- 12 point Arial/Times New Roman
- Double, single, and custom spacing
-
We care about originality
Our custom human-written papers from top essay writers are always free from plagiarism.
-
We protect your privacy
Your data and payment info stay secured every time you get our help from an essay writer.
-
You control your money
Your money is safe with us. If your plans change, you can get it sent back to your card.
How it works
-
1
You give us the detailsComplete a brief order form to tell us what kind of paper you need.
-
2
We find you a top writerOne of the best experts in your discipline starts working on your essay.
-
3
You get the paper doneEnjoy writing that meets your demands and high academic standards!
Get your own paper from top experts
Order nowPerks of our essay writing service
We offer more than just hand-crafted papers customized for you. Here are more of our greatest perks.
Frequently asked questions
Get instant answers to the questions that students ask most often.
See full FAQHow do you find the best essay writer for me?
Our professional writing service focuses on giving you the right specialist so the one assigned will have the knowledge about the right topic. However, if you’ve used our essay service before, you can ask us to assign you the expert writer who used to complete papers for you in the past. We can easily do so if the specialist in question is available at the moment.
If you’re ordering from our essay writing service for the first time, we will assign you a suitable expert ourselves and ensure that your academic essay writer is a pro. Moreover, let us know how complex your assignment is so that we can find the best match for your order.
We’ve hired the best writers in 80+ academic subjects to complete any paper you need. As soon as we hear, “Write my essays,” our support team assigns you the writer who understands your needs and subject.
In case you need to make sure we’ve picked a great specialist to deal with your paper, you can chat with the expert writers directly. We do our best to make sure you’re happy with the writer we’ve selected for you.
How can you prove that your paper writing service is not a scam?
We have been selling original essays for more than 15 years. To prove that we are a trustworthy custom essay writing company, we provide quick delivery and a money-back guarantee. If we can’t complete your paper for any reason, we’ll send your money back to the credit card. We want to deliver the finest services, so you can decide if the paper is good enough; from our side, we’ll edit it according to your primary requirements to make the writing perfect. Our online paper writing service is about both giving you the materials you need when you need them and ensuring that your private data is safe. Check out our guarantees to see how we control the quality of your assignment and protect you as a customer.