Question: 3 3 a ) Forecast demand for each week, including week 1 0 , using exponential smoothing with alpha = 0 . 5 0

33 a) Forecast demand for each week, including week 10, using exponential smoothing with \alpha =0.50(initial forecast =20.00). The forecast for weeks 2 through 10 using exponential smoothing are (round your responses to two decimal places): b) Compute the MAD. For the forecast developed using exponential smoothing, the MAD= sales (round your response to two decimal places). c) Compute the tracking signal. For the forecast developed using exponential smoothing, the tracking signal =(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!