Question: Assignment decimal points are allowed if averaging and percentage Scan or take picture of your answer (must be readable) Submit there In October 2022,
Assignment decimal points are allowed if averaging and percentage Scan or take picture of your answer (must be readable) Submit there In October 2022, a soap dealer predicted November demand for 10,800 whitening soaps. Actual November 2022 was 11,726 soaps. Using smoothing constant chosen by the dealer of a = 30 and 50, the dealer wants to know the forecast demand for the succeeding months and which of the 2 smoothing constant is better. Find the 6 months Demand if the actual demand increase by 2% per month and using the forecasted demand as the previous demand; and the error. If, you are the dealer which of the 2 smoothing constant, you are going to use? Show the comparison of forecast error using a table (MAD, MSE and MAPE). You have 2 attempts you may change your uploadme grower of the gel line S
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
