Demand for a certain model of snowboard during the past 5 months is shown below: November...
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Demand for a certain model of snowboard during the past 5 months is shown below: November 196 December 268 315 299 101 January February March a. Compute the forecast demand for each month from November through March, us- ing single exponential smoothing with a = 0.2. Assume that the forecast for No- vember was 212. b. Compute the MAD for this forecasting model based on the data for December, January, February, and March. Demand for a certain model of snowboard during the past 5 months is shown below: November 196 December 268 315 299 101 January February March a. Compute the forecast demand for each month from November through March, us- ing single exponential smoothing with a = 0.2. Assume that the forecast for No- vember was 212. b. Compute the MAD for this forecasting model based on the data for December, January, February, and March.
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Operations Management Sustainability and Supply Chain Management
ISBN: 978-0133764345
2nd Canadian edition
Authors: Jay Heizer, Barry Render, Paul Griffin
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