"Foods'r Us" a restaurant chain, has been using simple exponential smoothing to come up with their monthly forecasts. but still not sure of the "best" value of a to pick. They ran some computer runs with different values of a and the data yielded the following results: a 0.15 0.2 0.25 0.3 0.35 0.4 0.45 0.5 What is your suggested value of a? O 0.15 O 0.3 O 0.2 O 0.45 MAD 11.2 12.1 10.5 13.5 11.6 12.7 10.1 12.5 O 0.25

"Foods'r Us" a restaurant chain, has been using simple exponential smoothing to come up with their monthly forecasts. but still not sure of the "best" value of a to pick. They ran some computer runs with different values of and the data yielded the following results: What is your suggested value of ? 0.15 0.3 0.2 0.45 0.25