For the the Clayton County Rescue Squad and Ambulance Service (Facility Location Nonlinear Model) example from Lecture 6, the number of estimated trips to Dunning has changed to 15. Which one of the options below, best represents the new optimal point (x,y) - best location to place the facility? Group of answer choices (19.24,16.30) (12.24,8.30) (20.24,21.30) (18.24,15.30) None of the above

For the the Clayton County Rescue Squad and Ambulance Service (Facility Location Nonlinear Model) example from Lecture 6, the number of estimated trips to Dunning has changed to 15. Which one of the options below, best represents the new optimal point (x,y) - best location to place the facility? Group of answer choices (19.24,16.30) (12.24,8.30) (20.24,21.30) (18.24,15.30) None of the above

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter5: Network Models

Section5.5: Shortest Path Models

Problem 30P

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QUESTION 1The table below shows the sales figures for a brand of shoe over the last 12 months.Months SalesJanuary 69February 75March 86April 92May 95June 100July 108August 115September 125October 131November 140December 150a. Using the following, forecast the sales for the months up to January the following year:-i. A simple three month moving average. ii. A three period weighted moving average using weights of 1, 2 and 3. Assign thehighest weight to the most recent data. iii. Exponential Smoothing when α= .6 and the forecast for March is 350.iv. Determine which of the three forecasting technique is the most accurate usingMAD. b. The following table shows the number of televisions sold over the last ten years at alocal electronic store.YEAR TV SALES1 1502 3003 4804 6005 6306 6407 7008 8259 90010 980i. Using trend projection, develop a formula to predict sales for years 11 and 12. Youhave to show all working. You will need to develop a table to calculate the slope andthe intercept.…
QUESTION 1The table below shows the sales figures for a brand of shoe over the last 12 months.Months SalesJanuary 69February 75March 86April 92May 95June 100July 108August 115September 125October 131November 140December 150 a. Using the following, forecast the sales for the months up to January the following year:-i. A simple three month moving average
Compute for MAD, MSE and MAPE using Moving Average Model (past 3 Weeks), В. А. Exponential Smoothing Model (a = 0.2) С. What is your sales forecast for Period 8 using A and B? Period Actual Sales Forecast Error Error Error |Error %| 1 39 44 3 40 4 45 5 38 6. 43 7. 39 MAD MSE МАРЕ Compute for MAD, MSE, and MAPE using the Moving Average Model (past 3 weeks). Use two decimal places and do not put unit of measurement (UoM). (for example 35.00 or 35.40) MAD is Blank 1. MSE is Blank 2. MAPE is Blank 3%. Blank 1 Add your answer Blank 2 Add your answer Blank 3 Add your answer Compute for MAD, MSE, and MAPE using the Exponential Smoothening Model (a=0.2). Use two decimal places and do not put unit of measurement (UoM). (for example 35.00 or 35.40) MAD is Blank 1. MSE is Blank 2. MAPE is Blank 3%. Blank 1 Add your answer Blank 2 Add your answer Blank 3 Add your answer What is your sales forecast for period 8 using Moving Average Model and Exponential Smoothing Model? Use two decimal places and…
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QUESTION 1 The table below shows the sales figures for a brand of shoe over the last 12 months. Months SalesJanuary 69February 75March 86April 92May 95June 100July 108August 115September 125October 131November 140December 150 a. Using the following, forecast the sales for the months up to January the following year:-i. A simple three month moving average. ii. A three period weighted moving average using weights of 1, 2 and 3. Assign thehighest weight to the most recent data. iii. Exponential Smoothing when α= .6 and the forecast for March is 350.iv. Determine which of the three forecasting technique is the most accurate using MAD
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