Coastal Fuel Oil is a distributor of fuel-oil products in

Coastal Fuel Oil is a distributor of fuel-oil products in the Northeast. It contracts with shippers for deliveries of home heating oil and distributes product in its own trucks. Since its
storage capacity is limited, and purchasing storage for fuel oil it cannot store itself is expensive, accurate demand forecasts are valuable. Monthly data covering the past 10 years are given in the table below.
a. Develop an appropriate forecast using a moving-average approach.
b. Develop an appropriate forecast using a simple exponential smoothing approach.
c. Develop an appropriate forecast using exponential smoothing with a trend (Holt’s method).
d. Develop an appropriate forecast using exponential smoothing with trend and cyclicality (Holt-Winters method).
e. Which of the four forecasts developed above would you recommend using?

How Our Website Works

1. FILL IN OUR SIMPLE ORDER FORM

It has never been easier to place your order. Fill in the initial requirements in the small order form located on the home page and press “continue” button to proceed to the main order form or press “order” button in the header menu. Starting from there let our system intuitively guide you through all steps of ordering process.

2. PROCEED WITH THE PAYMENT

All your payments are processed securely through PayPal. This enables us to guarantee a 100% security of your funds and process payments swiftly.

3. WRITER ASSIGNMENT

Next, we match up your order details with the most qualified freelance writer in your field.

4. WRITING PROCESS

Once we have found the most suitable writer for your assignment, they start working on a masterpiece just for you!

5. DELIVERY

Once finished, your final paper will be available for download through your personal dashboard. You will also receive an email notification with a copy of your paper attached to it. Sometimes, the writer may leave a note for you about the order in case there is any additional information that they need to give you.

Leave a Reply

Your email address will not be published.