Question: 12.28 Develop an exponential smoothing forecast with = .20 for the demand data in Problem 12.1. Compare this forecast with the three-month moving average computed
12.28 Develop an exponential smoothing forecast with = .20 for the demand data in Problem 12.1. Compare this forecast with the three-month moving average computed in 12.1a. using MAD and indicate which forecast seems to be most accurate.
12.1 The Hartley-Davis motorcycle dealer in the MinneapolisSt. Paul area wants to be able to forecast accurately the demand for the Roadhog Super motorcycle during the next month. From sales records, the dealer has accumulated the data in the following table for the past year.
| MONTH | MOTORCYCLE SALES |
| January | 9 |
| February | 7 |
| March | 10 |
| April | 8 |
| May | 7 |
| June | 12 |
| July | 10 |
| August | 11 |
| September | 12 |
| October | 10 |
| November | 14 |
| December | 16 |
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