Prepare a spreadsheet model for the ferry passenger data in Table 14.6 , and recalculate the forecasts

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Prepare a spreadsheet model for the ferry passenger data in Table 14.6 , and recalculate the forecasts using an a of 0.3, a b of 0.1, and a g of 0.2. Has this change in the smoothing constants improved the MAD?

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Service Management Operations Strategy Information Technology

ISBN: 978-0077841201

8th edition

Authors: James Fitzsimmons, Mona Fitzsimmons, Sanjeev Bordoloi

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Question Posted: Aug 22, 2015 07:20 AM

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Prepare a spreadsheet model for the ferry passenger data in Table 14.6 , and recalculate the forecasts

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Month Ferry Passengers to Resort Island Alpha03 Beta 01 Gamma 02 Period Actual Smoothed Index Trend ...View the full answer

Service Management Operations Strategy Information Technology

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