Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. sales for boxes of cookies over the last 10 days h

Sales for boxes of cookies over the last 10 days have been as follows: 12,...

90.2K

Verified Solution

Question

Accounting

Sales for boxes of cookies over the last 10 days have been as follows: 12, 13, 16, 15, 12, 18, 14, 12, 13, 15 (listed from oldest to most recent). answer the following:
image
Trendline Develop a trend line for the sales. The trend line is Y = [ Select ] Select) + X, where X = time period (1, 2, ..., 11) Y = Sales . Using the predicted trend line for the demand fertilizer, the predicted sales for day 25 = [ Select] 4 Using the predicted trend line for the demand fertilizer, the predicted sales for day 60 = [ Select ] The Mean absolute deviation for the Trend line = [Select ] Exponential Smoothing Use exponential smoothing with a smoothing constant of 0.4 to forecast the sales. Assume that the last period's forecast for day 1 is 13 bags to begin the procedure. The Mean absolute deviation for exponential smoothing = [Select) . Based on the exponential smoothing forecast model, what is the value of the smoothing constant (Alpha), that gives the most accurate forecast? [ Select) 1 1 1. 15 1 17 18 19 20 21 N Which forecasting method is better? Trendline

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