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Do Homework - Bridgette Bradley - Google Chrome Secure ! https://www.mathxl.com/Student/PlayerHomework.aspx?homeworkid=460020838&questionId;=1&flushed-false;&cld-47871; 72&centerwin-yes; Operations Management- Online Bridgette Bradley 1 1/27/18 4:38 PM Homework: Chapter 4 Score: 0 of 1 pt Problem 4.18 Save 4018 (2 complete) HW Score: 8.33%, 0.67 of 8 pts Question Help Consider the following actual (At) and forecast (Ft) demand levels for a commercial multiline telephone at Office Max: Time Period Actual Demand Forecast Demand 60.0 42.0 60.0 46.0 60.00 60.00 55.50 56.63 The first forecast, F,, was derived by observing A, and setting F, equal to A,. Subsequent forecasts were derived by exponential smoothing | (round your response to two decimal places). (Hint: To determine , use either the The smoothing constant (a) used to derive the subsequent forecasts-| relationship for period 3 or 4.) Enter vour answer in the answer box and then click Check Answer.

Explanation / Answer

as next month forecast =alpha*previuous month actual+(1-alpha)*previous month forecast

55.50=alpha*42+(1-alpha)*60

18*alpha =4.5

alpha =smoothing constant =0.25

forecast for 5th period =46*0.25+56.63*0.75=53.97

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