Question: Exercise 1 8 - 9 ( Algo ) ( LO 1 8 - 3 , LO 1 8 - 4 ) Using simple exponential smoothing
Exercise AlgoLO LO
Using simple exponential smoothing and the following time series data, respond to each of the items.
Period Demand
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b Compute all possible forecasts using a smoothing coefficient alpha of Negative amounts should be indicated by a minus sign. Round your answers to decimal place.
c Compute the MAD. Round your answer to decimal places.
d What is the forecast demand for period Round your answer to decimal place.
e What is the error associated with period s forecast? Round your answer to decimal places.
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