Question: 1 . ( 1 2 pts . ) Implement the DES method to calculate the one - day - ahead forecasts for 3 - April
pts Implement the DES method to calculate the onedayahead forecasts for April
to Aug Use solver to determine the values of LS and TS that minimize the withinsample
RMSE calculated based on the interval April to Aug subject to the
constraint that LS and TS are between and Report the following:
pts feasibility, pt consistency, pts optimality Optimal values for LS TS and
the RMSE for April to Aug
pts Values of the level, trend, and onedayahead DES forecasts for Aug
to Aug
v You can use the following information to confirm that you have set up your DES model
correctly: If you set LS TS the value for level, trend, and DES forecast for Aug
should be and respectively. And the withinsample RMSE should
be
pts Implement the TES method to calculate the onedayahead forecasts for April
to Aug Assume a weekly seasonal pattern, which means p Use solver to
determine the values of LS TS and SS that minimize the withinsample RMSE calculated based
on the interval April to Aug subject to the constraint that LS TS and SS are
between and Report the following:
pts feasibility, pt consistency, pts optimality Optimal values for LS TS SS
and the RMSE for April to Aug
pts Values of the level, trend, seasonality indices, onedayahead forecasts for
Aug to Aug
Hint: You may find the Weekday function useful for the TES forecast calculations.
v You can use the following information to confirm that you have set up your TES model
correctly: If you set LS TS SS the value for level, trend, seasonality index and TES
forecast for Aug should be and respectively. And the
withinsample RMSE should be
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