Wednesday, 18 February 2015

Advance Simulation and Computer Modelling(CPN Exam Sep,2014)




Mr .Ismaila Maliki wants to know what the situation of his business center would be, in the month of April, 2012.as a consultant, you are presented with the following information;
Actual demand for march.2005 =3750 unit
Forecast for March, 2005=3500 units
Assist him to forecast what the sales would look like for the month of September, using the exponential smoothing forecasting method, with a smoothing constant of 0.43.

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