Question 12 (1 point) A tracking signal was calculated for a particular set of demand forecasts....
Two different forecasting techniques (F1 and F2) were used to forecast demand for cases of bottled water. Actual demand and the two sets of forecasts are as follows: PREDICTED DEMAND Period Demand 68 75 70 74 69 72 80 78 F1 67 F2 60 62 70 72 75 75 76 85 73 74 70 71 75 a. Compute MAD for each set of forecasts. Given your results, which forecast appears to be more accurate? (Round your answers to 2 decimal...
please i need asap answer 1. Given the data below, compute for the following: a) Forecasts for P5 to P12 using a 4-period simple moving average b) Forecasts for P5 to P12 using a 4-month weighted moving average with the following weights: Most recent period = 0.40 2nd most recent period = 0.30 3rd most recent period = 0.20 4th most recent period = 0.10 Assuming a forecast of 5,000 units for Period 4 and a = 0.30, compute for...
Exercise # 1-0M6322-week 4-Forecasting using Exponential Smoothing The first five periods of demand data are shown in the following table Let the smoothing coefficient, alpha, equal 0.2.Compute the exponentially smoothed forecasts for periods one through four Initialize the procedure with a forecast value for period one of 37 Period Aggregate Demand Forecast demand 38 42 40 36 42 37 Determine the Running Sum of Forecast Errors (RSFE), the Mean Absolute Deviation, MADt Land the Tracking Signal(TS) at the end of...
QUESTION 24 if good A and good Bare complements, then the cross price elasticity of demand of good A for a change in the price of good B negative, zero. positive and less than 1. positive and greater than 1. QUESTION 25 If good A and good B are substitutes, then the cross price elasticity of demand of good A for a change in the price of good Bis negative but less negative than-1. negative and more negative than-1. zero....
The actual tracking weight of a stereo cartridge that is set to track at 4.0 g on a particular changer can be regarded as a continuous rv X with the following pdf. f(x)*1-(-4.0)2 ] 335 otherwise (a) Find the value of k. (b) What is the probability that the actual tracking weight is greater than the prescribed weight? (c) What is the probability that the actual weight is within .25 g of the prescribed weight? (d) What is the probability...
Question 18 (1 point) When a tax is placed on the sellers of a product, buyers pay O a) less, and sellers receive less than they did before the tax. Ob) more, and sellers receive more than they did before the tax. Oc) less, and sellers receive more than they did before the tax. d) more, and sellers receive less than they did before the tax. Question 19 (1 point) If the price elasticity of demand for a good is...
22. The price elasticity of demand measures the responsiveness of the change in the: A) quantity demanded to a change in the price. B) price to a change in the quantity demanded. C) slope of the demand curve to a change in the price. D) slope of the demand curve to a change in the quantity demanded 23. The price of gasoline rises 5% and the quantity of gasoline purchased falls 190. price elasticity ofdemand is equal to, A) 0.2;...
2. The actual tracking weight of a stereo cartridge that can be set to track at 3 g on a particular changer can be regarded as a continuous random variable X with pdf fx(x) otherwise a. Find the value of k so that fx is a valid pdf. b What is the probability that the actual tracking weight (X) is greater than the prescribed weight of 3 g? c. What is the probability that the actual weight is between 2.75...
The actual tracking weight of a stereo cartridge that is set to track at 3 g on a particular changer can be regarded as a continuous rv X with the following pdf. f(x) = k 1 − (x − 3)2 2 ≤ x ≤ 4 0 otherwise (a) Sketch the graph of f(x). (b) Find the value of k. (c) What is the probability that the actual tracking weight is greater than the prescribed weight? (d) What is...
Question 1 1.5 pts The farm-level derived demand for inputs used in production are usually Tim Atter 0 M More price elastic than the retail-level demand. Less price elastic than the retail-level demand. Just as price elastic as the retail-level demand Not enough information to say D Question 2 1.5 pts The flexibility can be written as: The income elasticity of a product. The inverse of a sensitivity. The inverse of a price elasticity. The cross price elasticity of a...
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