MTH302 GDB IDEA BY KAMI
Construct a real world business problem
(A PLASTIC ADORING FIRM)
Suppose that a company is engaging in the production of PLASTIC sheet with it following aspects of companies with Annual production of the capacity as 000 Metric tons Annual
In normal actual (000Tons) capacity it raised its production as
2009 120 Tons Annual
2010 150 Tons Annual
2011 ? Tons Annual
Apply into Time Series Forecast.
New forecast = old forecast + proportion of error á
Putting Values into Formulas
New forecast = old forecast + á x (old actual – old forecast)
000 + 0.1 (000 - 000)
= 00 + 0.1(00)
= 0+0
=000 Tons approximately
= 000 Tons (For Year 2011)
PLEASE PUT THE OOO AS YOUR OWN CAPACITY CHART
(A PLASTIC ADORING FIRM)
Suppose that a company is engaging in the production of PLASTIC sheet with it following aspects of companies with Annual production of the capacity as 000 Metric tons Annual
In normal actual (000Tons) capacity it raised its production as
2009 120 Tons Annual
2010 150 Tons Annual
2011 ? Tons Annual
Apply into Time Series Forecast.
New forecast = old forecast + proportion of error á
Putting Values into Formulas
New forecast = old forecast + á x (old actual – old forecast)
000 + 0.1 (000 - 000)
= 00 + 0.1(00)
= 0+0
=000 Tons approximately
= 000 Tons (For Year 2011)
PLEASE PUT THE OOO AS YOUR OWN CAPACITY CHART
--
●●Gяєу_Fєяяy ●●
--
Please visit http://www.vuexpert.com and get registered for Past Papers, Quiz, Assignments, GDBs and much more...
To post to this group, send email to vu-experts@googlegroups.com
Do write to bilal.zaheem@gmail.com for Help, suggestion and Complaint.
No comments:
Post a Comment