Question: Given the table below, complete the missing cell values applying the Exponential Smoothing method of forecasting and Mean Absolute Deviation. Answer also the other 2


Given the table below, complete the missing cell values applying the Exponential Smoothing method of forecasting and Mean Absolute Deviation. Answer also the other 2 related questions below the table. Numbers with decimal should take 2 decimal places. Other questions: (1) What is the MAD for =.6 ? (2) Which smoothing constant would you prefer? The following gives the number of pints of Type A blood used at RCY Medical Center in the past five weeks. Question: Use a three week weighted moving average, with weights of 0.1,0.3, and 0.6, using 0.6 for the most recent week. Forecast the demand for week 'October 5'. Solution/computation: Final answer: Question: Forecast the demand for week 'October 5 ' using a three-week moving average Solution/computation: Final
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