. Basha Bista
Group? Enea
Bol! No! 32125
chevrolet_are_Sho®n below. Develop
Auto Sales at Carmen's
- eek movino average”
a__3-Week eb. q
Week | Auto sales
\ | 3 |
- | 40 |
| 3 | 3 |
iL | 4 | ow ai
s | 0 i
6 | 43 I
t | =
| Solutron:-
Re knod that
Moving averse = & Demand th Previous "n’ Periods
g Uv
1
- € Sales tn preuus 3 Weeks
3
3- Week Noving? Average
|
p> to ‘ |
(Ee 3 |
| " | (841043) /3 = 9
5
‘tor fo | Cos 9449/3 = 10
43 (9+u+10)/3 = 10
ES #0 - | Ute totsa)/ a = te a S
Scanned with CamScanner[Problem 2:
Carmen's decides to forecast auto Sales by Loe hting ral ie
=
tHe three weexs as follows: Develop & 3- Week WAIT —
moviny querage « re _———
Weights Applied —_ i
3 last week | fr
2 tu weeks 24° | fi
4 Three Weeks ago _ | i
2m Jott LT
Solution; : : _. ft
We have
(oeigbled Moving Average ~ 2Woeglt Fav ported 'n’) x
g od v Cdlemand Fn Perret! n’
S weghts
| im
kleew Auto -Sales [ 3-een Weighted M
i eet eulng Average
2 do
3 g L e
q 44 [fea texioruaitye =9t |
s so [3 x19) + (249) 4 (1 #005] [6 = t0¢ |
G | sa. [ (3x10) +(x 49 + (1x9) = 10% i
a: - US xis)4 (2xie)+(IeuYIe= 11 3% |
Scanned with CamScannerA jim uses Simple. expenentit Smoothing ott 4204 Lo
dg
~ | precast demand» The forecast fer the. “Week of Jemue A
loas 500 units whereas the actuclt demand turned out eo
be 450 units: Caleutate the demand forecast for the 19
of Tawa of g. 1 a
Solution +
here, Smoothing Constant (a )=0-4
Prevu foretast demand _[F, wie Goo units
Nea forecast demand (f,7 = ?
Now,
We lenovo cone £70 (A -£ )
tL
ber eee
= S5o0r0-1 (450— 500)
=. 49S unBe
4 tetace ' the demand forecast Calewloted for we week
lof cae Rk & 4g5 Unik-
Scanned with CamScannerlem 4?
poem 4 :
Exponential Smoothing & Used te forecast auomobi/e
lkoltery Soles: Taso Value of a _are,
| X= aod = 05 .
examined |
Evaluate the accurecy of Cach
Emoothing (Constant. lohfch fs preferable ? (Assume. HOR
hover. f ol Sales
forecast for_Januow pace 02 batertes) Actu
are fiver below:
T meri
Honth | Actual Baifery Forecast
- Cee
fonua ry [ lo 22
febsauary ad
Narohk 15
Apt 14
Nay 43
Vune 16
Solution >
Here,
X08 and 06
tnd, Pevous forcacte demand (4): a2.
Scanned with CamScanneri. 1 | for} 00-8 :
I] Month | Battery? [Rounded T Absolule | Rounded | Agcotule &
| | Sales [forecast | recast | forecast | fyeaab
I} Nanuary | go Qo 9 | GL 2
i febrony [at dou Log | Sot °
[March | 46 ao3g | 6-29 | Qt le ee
Apsil 14 16-12 ate | 4 4 &
May 413 44g | tege | 16 3 '
| June 46 ag | 2a | we | te
i Now, We Know t
| Mean Absolute Deviedron = lODevations) }
So, ' he
Hi When, X= 0-8,
i Mean Absolute. Deviaton = ze = &5
klhen, & = 0-5 ° ;
Mean Apsoivte Deviation = TES _ pag
AN so
Mean Squared Erroy_= € (forecast Ener)”
1 idhen, of = 0-8, <2 it =
I Mean squared bro: 2406 S307 aay rout 2
= REP e
fo oleo6. Sorters
| Mean Squared Prove A
— Hace: on the bass of these analyte, Salts Constant of
do 9 | iS to phot X20 because It “how @
| Smalley iyean Absolute Dewi'ation.
* cere yaa nee =
a! is = a=
Scanned with CamScanner
Crore