Sales of music stands at Johnny Hos music store in Columbus, Ohio, over the past 10 weeks

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Sales of music stands at Johnny Ho€™s music store in Columbus, Ohio, over the past 10 weeks are shown in the table below.
(a) Forecast demand for each week, including week 10, using exponential smoothing with Î± = .5 (initial forecast = 20).

(b) Compute the MAD.
(c) Compute the trackingsignal.

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Operations management

ISBN: 978-0132163927

10th edition

Authors: Jay Heizer, Barry Render

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Question Posted: Jul 15, 2013 04:46 AM

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Sales of music stands at Johnny Hos music store in Columbus, Ohio, over the past 10 weeks

Question:

Demand 29 36 Week Demand 20 21 28 37 25 Week 25 10

Step by Step Answer:

Period Demand Forecast Error Running sum error 1 20 20 000 000 000 ...View the full answer

Operations management

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