Question: Given the following data, use exponential smoothing ( alpha = . 3 7 ) to develop a demand forecast. Assume the forecast for the initial
Given the following data, use exponential smoothing alpha to develop a demand forecast. Assume the forecast for the initial period is
Period
Demand
a What is the forecast for the th period
Select
b What is the MAD?
Select
c If a change occurred and if you are now only evaluating from Period onward, with Period s forecast as what is the new forecast for Period
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and the MAD?
Select
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