Question: Homework: Assignment 2: Chapter 4 Forecasting Score: 3 of 10 pts 9 of 9 (9 complete) e como el We Problem 4.61 Passenger miles flown

Homework: Assignment 2: Chapter 4 Forecasting
Homework: Assignment 2: Chapter 4 Forecasting Score: 3 of 10 pts 9 of 9 (9 complete) e como el We Problem 4.61 Passenger miles flown on Northeast Airlines, Boston hub, are shown for the past 12 for the past 12 weeks 1 2 3 4 5 6 7 8 9 10 11 12 Passenger Miles (in thousands) 15 20 16 21 18 17 19 18 23 19 12 20 a) Assuming an initial forecast for week smoothing to compute mies for weeks 2 through 12. Use a = 0.2 (round your responses to two decimal places). Week 1 2 4 5 6 7 8 9 10 11 12 Forecasted Passenger 15.00 15.00 16.00 16.00 17:00 17.20 17.16 17.53 17.62 10.70 10.70 1741 Miles (in thousands) b) The MAD for this model = 2.36 thousand your response to two decimal places). c) Compute the Cumulative Forecast Errors, in thousands, and tracking signals (round your responses to two decimal places). Cumulative Cumulative Tracking Week Signal Errors 0.00 12.64 7.76 & 22 23 ZA BIS . a 2 Forecast Forecast Tracking Errors MAD Signal 6.79 8 8 = .. 79 8 8 8 Enter your answer in the edit fields and then click Check

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!