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San Diego State University Operations And Supply Chain Management Assignment Help - Forecasting


Question - The following data represent 15 quarters of manufacturing capacity utilization (in percentages).
Quarter/Year Utilization Quarter/Year Utilization
1/1996 82.5 1/1998 78.8
2/1996 81.3 2/1998 78.7
3/1996 81.3 3/1998 78.4
4/1996 79.0 4/1998 80.0
1/1997 76.6 1/1999 80.7
2/1997 78.0 2/1999 80.7
3/1997 78.4 3/1999 80.8
4/1997 78.0
a)Using a smoothing constants of a = 0.4 develop forecast for the fourth quarter of 1999. Assume an
initial forecast for the first quarter of 1996 as 81.0 percent.
b)Use trend – adjusted exponential smoothing with a = 0.1 and ß = 0.2 to develop forecast for the
fourth quarter of 1999. Assume an initial forecast for the first quarter of 1996 as 81.0 percent and the
initial trend adjustment is 0. ...Read More

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