Question: c). Forecasted sales for years 2006 through 2010 using exponential smoothing with = 0.90 and a starting forecast of 420.00 are (round your responses to

c). Forecasted sales for years 2006 through 2010 using exponential smoothing with
=
0.90
and a starting forecast of
420.00
are (round your responses to two decimal
places)
Year
2005
2006
2007
2008
2009
2010
Forecasted Sales
420.00
---
---
---
---
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d). The MAD for a forecast developed using exponential smoothing with
=
0.60
is
---
sales
Sales of Volkswagen's popular Beetle have grown steadily at auto dealerships in Nevada during the past 5 years (see table below). Using exponential smoothing with a smoothing constant (a) of 0.30 and a starting forecast of 420.00, the following sales forecast has been developed: Year Sales 2005 2006 2007 2008 2009 460 495 520 570 584 Forecasted Sales 420.00 432.00 450.90 471.63 501.14 The MAD for a forecast developed using exponential smoothing with a = 0.30 is 70.67 sales (round your response to two decimal places). Forecasted sales for years 2006 through 2010 using exponential smoothing with a = 0.60 and a starting forecast of 420.00 are (round your responses to two decimal places): 2005 2006 2007 2008 2009 2010 Year Forecasted Sales 420.00 444 474.60 501.84 542.74 567.49 The MAD for a forecast developed using exponential smoothing with a = 0.60 is 49.16 sales (round your response to two decimal places). Enter your answer in the edit fields and then click CheckStep by Step Solution
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