Wednesday
December 17, 2014

Homework Help: college

Posted by Anonymous on Sunday, October 26, 2008 at 11:23pm.

Exercise 9.1
The following data represent total personnel expenses for the Palmdale Human
Service Agency for past four fiscal years:
20X1 $5,250,000
20X2 $5,500,000
20X3 $6,000,000
20X4 $6,750,000
Forecast personnel expenses for fiscal year 20X5 using moving averages, weighted moving averages, exponential smoothing, and time series regression. For moving averages and weighted moving averages, use only the data for the past three fiscal years. For weighted moving averages, assign a value of 1 to the data for 20X2, a value of 2 to the data for 20X3, and a value of 3 to the data for 20X4. For exponential smoothing, assume that the last forecast for fiscal year 20X4 was $6,300,000.
You decide on the alpha to be used for exponential smoothing. For time series regression, use the data for all four fiscal years. Which forecast will you use? Why?

Answer this Question

First Name:
School Subject:
Answer:

Related Questions

college - The following data represent total personnel expenses for the Palmdale...
Accounting - The following data represent total personnel expenses for the ...
hsm260 - The following data represent total personnel expenses for the Palmdale ...
hhs 265 math accounting - The following data represent total personnel expenses ...
Human Resources - 9.1 The following data represent total personnel expenses for ...
accounting - The following data represent total revenues (from all sources) for ...
HSM260 - Forecast personnel expenses for fiscal year 20X5 using moving averages...
Accounting - The company’s fiscal year ends on December 31. Using the following...
college - Les Fleurs, a boutique in Paris, France, had the following accounts in...
accounting - I am looking for the answer to this assignment. I am not an ...

Search
Members