Solution to Tutorial Problems_Forecasting.docx

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    Solution to Tutorial Problems (Forecasting)

    4. a. 22

    b.

    75.204

    22211822=

    +++

    c. F3= 20 + .30(22 20) = 20.6

    F4= 20.6 + .30(18 20.6) = 19.82

    F5= 19.82 + .30(21 19.82) = 20.17

    F6= 20.17 + .30(22 20.17) = 20.72

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    ATP: WK1: 0 + 100 - 80 = 20

    WK2: 100 - 50 = 50

    WK3: 100 - (30 + 10) = 60

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