Question: Compute the exponential smoothing forecast for August-June assuming an initial forecast of 100? Alpha = .3 Thank you B H J K M z 0.3

Compute the exponential smoothing forecast for

Compute the exponential smoothing forecast for August-June assuming an initial forecast of 100? Alpha = .3

Thank you

B H J K M z 0.3 B E F Demand Forecast Forecast Absolute bsolute 9 Error Deviatior Error 119 125 100 1-a = MFE = MAD = MAPE = 113 90 87 106 111 Exponential Smoot 1 Month 2 3 January 4 February 5 March 6 April 7 May 8 June 9 10 August 11 Septemt 12 October 13 Novemb 14 Decembi 15 January 16 Total: 0.3 July 119 130 136 150 139

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!