Question: Exponential smoothing forecas Smoothing constant: 0 . 2 2 2 ( iii ) Enter appropriate formulae in the shaded cells to calculate an exponential smoothing
Exponential smoothing forecas
Smoothing constant:
iii Enter appropriate formulae in the shaded cells to calculate an exponential smoothing forecast for week demand.
You should use the smoothing constant specified above and week one demand as the starting forecast for week two.
iv Use the forecasts from weeks to to calculate the MAPE.
Absolute
percentage
error
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