Question: 1 . Using the exponential smoothing method, compare the Roses forecast with the adjusted forecast and explain the difference. The smoothing factor is 0 .
Using the exponential smoothing method, compare the Roses
forecast with the adjusted forecast and explain the difference. The
smoothing factor is and the initial forecast for was million
kg
Conclude with what you would do to increase sales of Roses so as
not to let the product diminish due to the launch of Tuplips
Calculate the forecast error through calculating the MAD, MSE and MAPE.
Also calculate the tracking signal as of the end of Judge the
performance of your forecasting method.
tablePotential sales,Roses,Tulipsactualassuming availability
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