Question: begin{tabular}{|c|c|c|} hline A & B & C hline Time & Demand & hline 1 & 13 & hline 2 & 12 &

$\begin{tabular}{|c|c|c|} \hline A & B & C \\ \hline Time &$ $Demand & \\ \hline 1 & 13 & \\ \hline 2 &$

\begin{tabular}{|c|c|c|} \hline A & B & C \\ \hline Time & Demand & \\ \hline 1 & 13 & \\ \hline 2 & 12 & \\ \hline 3 & 12 & \\ \hline 4 & 14 & \\ \hline 5 & 14 & \\ \hline 6 & 16 & \\ \hline 7 & 18 & \\ \hline 8 & 20 & \\ \hline 9 & 19 & \\ \hline 10 & 18 & \\ \hline 11 & 19 & \\ \hline 12 & 21 & \\ \hline 13 & 20 & \\ \hline 14 & 23 & \\ \hline 15 & 25 & \\ \hline 16 & 28 & \\ \hline 17 & 27 & \\ \hline 18 & 27 & \\ \hline 19 & 28 & \\ \hline 20 & 29 & \\ \hline 21 & 33 & \\ \hline 22 & 36 & \\ \hline 23 & 39 & \\ \hline 24 & 43 & \\ \hline \end{tabular} Make forecasts using the exponential smoothing approach with a smoothing constant of 0.4 . What is your forecast error for time period 19? Note: Round your answers to two decimal places. 1.02 1.81 7.66 2.45

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!

\begin{tabular}{|c|c|c|} \hline A & B & C \\ \hline Time & Demand & \\ \hline 1 & 13 & \\ \hline 2 & 12 & \\ \hline 3 & 12 & \\ \hline 4 & 14 & \\ \hline 5 & 14 & \\ \hline 6 & 16 & \\ \hline 7 & 18...

byte of accounting please help with all \begin{tabular}{|c|c|c|} \hline A & B & C \\ \hline Number & Name & Normal Balance \\ \hline 1110 & Cash & Debit \\ \hline 1120 & Accounts Receivable & Debit...

DATA file 21. YRevenue Kentucky State Revenue. The general fund revenue receipts for the state of Kentucky for 2003 (period 1) to 2017 (period 15) are in the file KYRevenue (ky.gov website). a....

When answering questions 16 through 23, assume that on August 1, 2022 a customer purchased a gift card from Best Buy. The customer paid cash of $50, and then gave the card to a friend. On August 20,...

When answering questions six through 23 , please: - Refer to the excerpt about revenue recognition that is taken from Best Buy's 10-K for the fiscal year that ended on January 28, 2023. This except...

make a business executive summary, maximum one page, with the findings of the cash flow statements. Guiding questions: How often is the company low on cash? Is there any seasonality to those low...

Following is information on the price per share and the dividend for a sample of 30 companies. Click here for the Excel Data File Required: a. Calculate the regression equation that predicts price...

In a volumetric analysis experiment, a solution of sodium oxalate (Na2C204) in acidic solution is titrated with a solution of potassium permanganate (KMN04) according to the following balanced...

On August 7, Gideon Ridge Restaurant purchased a building in exchange for a note with a face amount of $1,660,000. The cost of the land was $600,000. The building cost $900,000 and the parking lot...

Which of the following is the recommended age to administer the first Haemophilus influenzae type b immunization to a child? Multiple Choice 2 months 6 months 1 2 months 1 5 months

Create a C# application named SalesTransactionDemo that declares several SalesTransaction objects and displays their values and their sum. The SalesTransaction class contains the following fields:...