Question
In: Math
Income at the architectural firm Spraggins and Yunes for the period February to July was as...
Income at the architectural firm Spraggins and Yunes for the period February to July was as follows:
|
Month |
February |
March |
April |
May |
June |
July |
|
Income ($000's) |
90.090.0 |
91.591.5 |
96.096.0 |
85.485.4 |
92.292.2 |
96.096.0 |
Assume that the initial forecast for February is
85.085.0
(in $ thousands) and the initial trend adjustment is 0. The smoothing constants selected are
alphaα
=
0.10.1
and
betaβ
=
0.20.2.
Using trend-adjusted exponential smoothing, the forecast for the architectural firm's August income is
nothing
thousand dollars (round your response to two decimal places).
The mean squared error (MSE) for the forecast developed using trend-adjusted exponential smoothing is
nothing
(thousand
dollars right parenthesis squareddollars)2
(round your response to two decimal places).
Solutions
milcah answered 2 years agoRelated Solutions
Income at the architectural firm Spraggins and Yunes for the period February to July was as...
Income at the architectural firm Spraggins and Yunes for the
period February to July was as
follows:
Month
February
March
April
May
June
July
Income ($000's)
75
71.5
66.4
72.3
73.5
74
Assume that the initial forecast for February is 70 (in $
thousands) and the initial trend adjustment is 0. The smoothing
constants selected are alpha (α) = 0.1 and beta (β) = 0.3
1) Using trend-adjusted exponential smoothing, the forecast
for the architectural firm's August income is...
2. The income statement reveals net earnings (net income) of a firm for a period of...
2. The income statement reveals net earnings (net income) of a
firm for a period of time.
Explain how “net earnings (net income) of a firm for a period of
time” is different from each of the following descriptions:
? resources and equities of a firm at a point in time
Usually record
? resources and equities of a firm for a period of time
? net earnings (net income) of a firm at a point in time
You are writing a program for an architectural firm that needs to enter the areas of...
You are writing a program for an architectural firm that needs
to enter the areas of all the rooms in a building project they’re
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prevent adding the same room more than once. The program needs to
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The management of Unter Corporation, an architectural design firm, is considering an investment with the following...
The management of Unter Corporation, an architectural design
firm, is considering an investment with the following cash
flows:
Year
Investment
Cash
Inflow
1
$73,000
$6,000
2
$ 6,000
$12,000
3
$20,000
4
$22,000
5
$25,000
6
$23,000
7
$21,000
8
$19,000
9
$18,000
10
$18,000
Required:
1. Determine the payback period of the investment.
(Round your answer to 1 decimal place.)
2. Would the payback period be affected if the cash inflow in
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The management of Unter Corporation, an architectural design firm, is considering an investment with the following...
The management of Unter Corporation, an architectural design
firm, is considering an investment with the following cash
flows:
Year
Investment
Cash Inflow
1
$
61,000
$
3,000
2
$
5,000
$
6,000
3
$
12,000
4
$
13,000
5
$
16,000
6
$
10,000
7
$
8,000
8
$
10,000
9
$
9,000
10
$
9,000
Required:
1. Determine the payback period of the investment.
2. Would the payback period be affected if the cash inflow in
the last year...
Plan production for a four-month period: February through May. For February and March, you should produce...
Plan production for a four-month period: February through May.
For February and March, you should produce to exact demand
forecast. For April and May, you should use overtime and inventory
with a stable workforce; stable means that the number of
workers needed for March will be held constant through May.
However, government constraints put a maximum of 5,000 hours of
overtime labor per month in April and May (zero overtime in
February and March). If demand exceeds supply, then backorders...
Plan production for a four-month period: February through May. For February and March, you should produce...
Plan production for a four-month period: February through May.
For February and March, you should produce to exact demand
forecast. For April and May, you should use overtime and inventory
with a stable workforce; stable means that the number of workers
needed for March will be held constant through May. However,
government constraints put a maximum of 5,000 hours of overtime
labor per month in April and May (zero overtime in February and
March). If demand exceeds supply, then backorders...
Plan production for a four-month period: February through May. For February and March, you should produce...
Plan production for a four-month period: February through May.
For February and March, you should produce to exact demand
forecast. For April and May, you should use overtime and inventory
with a stable workforce; stable means that the number of workers
needed for March will be held constant through May. However,
government constraints put a maximum of 5,000 hours of overtime
labor per month in April and May (zero overtime in February and
March). If demand exceeds supply, then backorders...
Plan production for a four-month period: February through May. For February and March, you should produce...
Plan production for a four-month period: February through May.
For February and March, you should produce to exact demand
forecast. For April and May, you should use overtime and inventory
with a stable workforce; stable means that the number of
workers needed for March will be held constant through May.
However, government constraints put a maximum of 5,000 hours of
overtime labor per month in April and May (zero overtime in
February and March). If demand exceeds supply, then backorders...
Plan production for a four-month period: February through May. For February and March, you should produce...
Plan production for a four-month period: February through May.
For February and March, you should produce to exact demand
forecast. For April and May, you should use overtime and inventory
with a stable workforce; stable means that the number of workers
needed for March will be held constant through May. However,
government constraints put a maximum of 5,000 hours of overtime
labor per month in April and May (zero overtime in February and
March). If demand exceeds supply, then backorders...
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