Linear Regression and Simple Exponential Smoothing (SES) Forecasting, business & finance homework help

Our academic writers are ready and waiting to assist with any assignment you may have. From simple essays to full dissertations, you're guaranteed we've got a writing expert to perfectly match your needs.

Order a Similar Paper Order a Different Paper

Module 2 – SLP

Linear Regression and Simple Exponential Smoothing (SES) Forecasting

Scenario: You are a consultant for the Diligent
Consulting Group (DCG). You have completed the first assignment,
developing and testing a forecasting method that uses Linear Regression
(LR) techniques (Module 2 Case). However, the consulting manager at DCG
wants to try a different forecasting method as well. Now you decide to
try Single Exponential Smoothing (SES) to forecast sales.

Using this Excel template: Data chart for BUS520 SLP 2, do the following:

Calculate the MAPE for Year 2 Linear Regression forecast (use the first spreadsheet tab labeled “Year 2 Forecast – MAPE”).

Calculate forecasted sales for Year 2 using SES (use the second spreadsheet tab labeled “SES – MAPE”). Use 0.15 and 0.90 alphas.

Compare the MAPE calculated for the LR forecast (#1 above) with the MAPEs calculated using SES.

Then write a report to your boss in which you discuss the results
obtained above. Using calculated MAPE values, make a recommendation
concerning which method appears to be more accurate for the Year 2 data:
SES or Linear Regression.

SLP Assignment Expectations


Conduct accurate and complete SES analysis in Excel. You may also check the following link for your reference:

Written Report

  • Length requirements: 2 – 3 pages minimum (not including Cover and Reference pages). NOTE: You must submit 2 – 3 pages of written discussion and analysis. This means that you should avoid use of tables and charts as “space fillers.”
  • Provide a brief introduction to/background of the problem.
  • Complete a written analysis that supports your Excel analysis,
    discussing the assumptions, rationale, and logic used to complete your
    SES forecast.
  • Give complete, meaningful, and accurate recommendation(s) relating to whether LR or SES is more accurate in predicting sales.
  • Write clearly, simply, and logically. Use double-spaced, black Verdana or Times Roman font in 12 pt. type size.
  • Have an introduction at the beginning to introduce the topics and use keywords as headings to organize the report.
  • Avoid redundancy and general statements such as “All organizations exist to make a profit.” Make every sentence count.
  • Paraphrase the facts using your own words and ideas, employing
    quotes sparingly. Quotes, if absolutely necessary, should rarely exceed
    five words.
  • Upload both your written report and Excel file to the SLP 2 Dropbox .

Do you need help with this or a different assignment? In a world where academic success does not come without efforts, we do our best to provide the most proficient and capable essay writing service. After all, impressing professors shouldn’t be hard, we make that possible. If you decide to make your order on our website, you will get 15 % off your first order. You only need to indicate the discount code GET15.

Order a Similar Paper Order a Different Paper