Question: AN Jane is trying to forecast demand for her store, using Exponential Smoothing, using a = 0.75. Fill in the missing cells with correct values

AN Jane is trying to forecast demand for her store, using Exponential Smoothing, using a = 0.75. Fill in the missing cells with correct values A B D E F Enroll- 1 Year Quarter ment Forecast Error Abs Error 2 1997 1 313 313 3 2 285 313 4 3 312 292 20 20 5 4 339 307 32 32 6 1998 1 359 331 28 28 7 2 320 8 3 356 328 28 28 9 4 385 349 36 ? 10 1999 1 396 376 20 20 11 2 367 12 397 373 24 24 13 4 423 391 32 32 14 2000 1 415 16 Alpha= 0.75 MAD = WN

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!

Name three applications for feedback control systems.

An educational institution has total direct labor and material costs of $1964 per student. Its fixed costs are $352,800. Total revenues for the year were $1,800,000. It had 800 students in the past...

Jane is trying to forecast demand for her store, using moving average with n=2, Fill in the missing cells with correct values and find average error for first quarter and second quarter of year 2000...

1. A company wants to forecast demand using the simple moving average. If the company uses four prior yearly sales values (i.e., year 2014 = 100, year 2015 = 120, year 2016 = 140, and year 2017 =...

Question 27 3 / 3 pts Consider the following actual demand and forecast data for Reynolds Minerals, a regional distributor of commercial sand. All data is in tons. Month Forecast Actual Demand 1 788...

need your help with these questions The question will be based on the following observations of the demand for a certain part stocked at a parts supply depot during the calendar year: Month Demand...

Really needs help with my project. please show workings. can contain viruses. Unless you need to edit, it's Assignments must be legible and well-organized. Students can receive up to 5 marks for a...

b) Develop a linear trend, multiplicative model for the data, including seasonality and forecast visits to the clinic for each month of 20X7. To develop a linear trend, multiplicative model, we need...

day of the week Daily Dem Average Daily price per pack Monday 297 11.1 Tuesday 293 10.055 Wednesday 327 9.77 Thursday 315 10.6 Friday 348 9.59 Saturday 447 8.965 Sunday 431 10 Monday 283 10.16...

Write down the Evaluation of media portrayals of people with psychological disorders?

What qualifications must be realized before there can be a statutory assignment?

Inflation increases by 2 % and the risk premium is 7 . 5

What is an example of constructive feedback? provide reference