Prepare a spreadsheet model for the ferry passenger data in Table 14.6 , and recalculate the forecasts
Question:
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?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Service Management Operations Strategy Information Technology
ISBN: 978-0077841201
8th edition
Authors: James Fitzsimmons, Mona Fitzsimmons, Sanjeev Bordoloi
Question Posted: