Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

Ask Project Management Expert

United Airways has tried out single order exponential smoothing for predicting passenger demand. Below are current results using alpha = 0.2, 0.4. and 0.6. Describe which alpha is best, based on limited data?

Actual Forecast with Alpha Equal to
Period Passengers 0.2 0.4 0.6

-3 4,200 3,078 3,184 3,210
-2 4,900 3,302 4,090 3,804
-1 3,500 3,622 4,114 4,462

A. 0.2
B. 0.4
C. 0.6
D. any of the above (A,B, C) work equally well.

Project Management, Management Studies

  • Category:- Project Management
  • Reference No.:- M933537

Have any Question? 


Related Questions in Project Management

Project deliverable project planthis assignment consists of

Project Deliverable: Project Plan This assignment consists of three sections: a written project plan, revised business requirements document, project plan PowerPoint presentation, and a finalized project plan. You must s ...

Project planthis assignment consists of three sections a

Project Plan This assignment consists of three sections: a written project plan, a revised Gantt chart or project plan, and a project plan PowerPoint presentation. You must submit the three sections as separate files for ...

Creation of a risk assessment and mitigation strategy for a

Creation of a risk assessment and mitigation strategy for a fictional airport that includes four distinct organizations. Based on a provided scenario, you will develop a report for the management team that includes perso ...

Assessment 1 - project workpart aoverviewyou are required

ASSESSMENT 1 - PROJECT WORK Part A Overview You are required to develop a project management plans, for given scenarios. These project plans requires you to: - Implement start-up activities through updating and confirmin ...

Final project frameworkin order to fulfill all parts of

Final Project Framework In order to fulfill all parts of this assignment, you must complete and submit the Assignment Worksheet. This assignment is meant to help you get your Final Project started by: • Focusing on your ...

Carlton speciality plc is a small family owned firm that

Carlton Speciality PLC is a small family owned firm that manufactures custom made furniture and uses job costing system. The company does not have computerised system and thus maintains all accounting records on hard cop ...

Project management life cycle modeldevelop a report

Project Management Life Cycle Model Develop a report utilizing the Project Management Life Cycle (PMLC) model ((initiation, planning, execution, and closure), and reporting it to your client. Also, prepare a summary anal ...

Questiondescribe two difficulties that an international

Question: Describe two difficulties that an international logistician could experience in moving goods from a country with a developed infrastructure (transportation, communication, and utilities) to a country with a def ...

Case studyread the following scenario and answer the

Case Study Read the following scenario and answer the corresponding questions upon your completion. You recently earned your Project Management Professional (PMP) certification, and you are excited to share the news with ...

Assignment discussion questionimportant note discussion

Assignment: Discussion Question Important note: Discussion questions in this course use a case study that is found in Doc Sharing area in the file named "Project Management Case.docx." It is strongly recommended that you ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

A cola-dispensing machine is set to dispense 9 ounces of

A cola-dispensing machine is set to dispense 9 ounces of cola per cup, with a standard deviation of 1.0 ounce. The manuf

What is marketingbullwhat is marketing think back to your

What is Marketing? • "What is marketing"? Think back to your impressions before you started this class versus how you

Question -your client david smith runs a small it

QUESTION - Your client, David Smith runs a small IT consulting business specialising in computer software and techno

Inspection of a random sample of 22 aircraft showed that 15

Inspection of a random sample of 22 aircraft showed that 15 needed repairs to fix a wiring problem that might compromise

Effective hrmquestionhow can an effective hrm system help

Effective HRM Question How can an effective HRM system help facilitate the achievement of an organization's strate