Question: 2. Forecasted sales for years 2 through 6 using exponential smoothing with a = 0.60 and a starting forecast of 410.00 are (round your responses

2. Forecasted sales for years 2 through 6 using exponential smoothing with a = 0.60 and a starting forecast of 410.00 are (round your responses to two decimal places):
Year
2
3
4
5
6
Forecasted Sales
410.00, ____, ____, ____, ____, ___
2. (B) The MAD for a forecast developed using exponential smoothing with a = 0.60 is ____ sales (round your response to two decimal places).
3. Forecasted sales for years 2 through 6 using exponential smoothing with a = 0.90 and a starting forecast of 410.00 are (round your responses to two decimal places):
Year
2
3
4
5
6
Forecasted Sales
410.00, ____,____,____,____,____
3. (B) The MAD for a forecast developed using exponential smoothing with a = 0.90 is ___
sales (round your response to two decimal places)
2. Forecasted sales for years 2 through 6 using
Sales of Volkswagens have grown steadily at auto dealerships in Nevada during the past 5 years (see table below). Using exponential smoothing with a smoothing constant () of 0.30 and a starting forecast of 415.00, the following sales forecast has been developed: The MAD for a forecast developed using exponential smoothing with =0.30 is sales (round your response to two decimal places). Sales of Volkswagens have grown steadily at auto dealerships in Nevada during the past 5 years (see table below). Using exponential smoothing with a smoothing constant () of 0.30 and a starting forecast of 415.00, the following sales forecast has been developed: The MAD for a forecast developed using exponential smoothing with =0.30 is sales (round your response to two decimal places)

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!