For the Mammas Pizza data in Exercise 2, compare the performance of simple exponential smoothing with
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For the Mamma’s Pizza data in Exercise 2, compare the performance of simple exponential smoothing with α = 0.1 and α = 0.9. What difference in forecasts do you observe? Which of the two smoothing constants do you prefer?
Data From Exercise 2
Transcribed Image Text:
Week Demand ($) 1 108 2 116 3 118 4 124 10 5 96 6 119 7 96 8 102 9 112 10 102 11 92 12 91
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Supply Chain Management Strategy Planning And Operation
ISBN: 9781292257891
7th Global Edition
Authors: Sunil Chopra
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