Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. not all the items in your office supply store are

Not all the items in your office supply store are evenly distributed as far as...

90.2K

Verified Solution

Question

Accounting

image
Not all the items in your office supply store are evenly distributed as far as demand is concerned, so you decide to forecast demand to help plan your stock. Past data for legal-sized yellow tablets for the month of August are a. Using a three-week moving average, what would you forecast the next week to be? Note: Round your answer to the nearest whole number. b. Using exponential smoothing with a=0.30, if the exponential forecast for week 3 was estimated as the average of the first two weeks [(350+450)2=400], what would you forecast week 5 to be? Note: Round your answer to the nearest whole number

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Create a portfolio using the four stocks and information below: Expected Return Standard Deviation Weight in Portfolio Stock A 10.00% 35.00% 16.00% Stock B 9.00% 11.00% 30.00% Stock...

Finance
Q

Explain how sauces thicken during heating/cooling as it relates to the starch molecules.

Biology
Q

how do antigen presenting cells exactly work? Are they infected cells that must be destroyed or what...

Medical Sciences
Q

EuroWatch Company assembles expensive wristwatches and then sells them to retailers throughout Europe. The watches are assembled...

Basic Math
Q

In sports that require high endurance the illegal practice of blood doping involves removing some...

Biology
Q

The tension length diameter and density of a string B are double than of another...

Physics
Q

e diagram belo Which of the following best describes line AB a Arc b Chord...

Geometry
Q

According to an insurance company, theprobability that a woman will survive oneyear is0.992, and the...

Basic Math
Q

Consider the following function.f(x) =x13/13-lnx(a) Find the critical numbers of f. (Enter your answers as...

Basic Math
Q

than one bultet hole 7 20 Targets Bias or Lack of Precision Again a If...

Statistics
Q

Which of the following does NOT define capital? a. Material wealth c. Resources used for...

Accounting
Q

turkish govermnet is now planning to initiate a national budget savings program to construct "canal...

Accounting