The business analyst for Movie Sales, Inc. wants to forecast…

The business analyst for Movie Sales, Inc. wants to forecast this year’s demand for Movies based on the following historical data: Time Period Demand 5 years ago 600 4 years ago 800 3 years ago 700 2 years ago 100 Last year 600 What is the forecast for this year using a three-year moving average?

Wal-Mart sells 10,000 cases of soda each year. The manager i…

Wal-Mart sells 10,000 cases of soda each year. The manager is trying to determine how many cases of soda should be ordered each time an order is placed with the supplier. Ordering cost is $5 per order. The annual carrying cost per case is 20% of its purchase price. The soda supplier offers Walmart the schedule of quantity discounts shown in the table below. No. of cases ordered Purchase Price per case 1 ≤ Q < 200 $6.0 200 ≤ Q

The business analyst for Movie Sales, Inc. wants to forecast…

The business analyst for Movie Sales, Inc. wants to forecast this year’s demand for Movies based on the following historical data: Time Period Demand 5 years ago 600 4 years ago 800 3 years ago 700 2 years ago 100 Last year 600 What is the forecast for this year using exponential smoothing with alpha = .4, if the forecast for 2 years ago was 750?