Question: Operations management Exponential Smoothing Forecasting 98 Smoothing constant 0.3 96 94 Arad 92 Time period Observation Forecast Error Error^2 1 92 92.00 2 2 92

Operations management Exponential Smoothing Operations management

Exponential Smoothing Forecasting 98 Smoothing constant 0.3 96 94 Arad 92 Time period Observation Forecast Error Error^2 1 92 92.00 2 2 92 92.00 0.00 0.00 3 87 92.00 -5.00 25.00 4 88 90.50 -2.50 6.25 5 94 89.75 4.25 18.06 6 88 91.03 -3.02 9.15 7 7 90 90.12 -0.12 0.01 8 88 90.08 -2.08 4.34 9 91 89.46 1.54 2.38 10 91 89.92 1.08 1.17 11 87 90.24 -3.24 10.52 12 97 89.27 7.73 59.74 Period Forecast 13 91.59 90 Observation - Forecast 88 86 84 MSE 12.42 82 1 2 3 4 5 6 7 8 9 9 10 11 12 Exponential Smoothing Forecasting 98 Smoothing constant 0.3 96 94 Arad 92 Time period Observation Forecast Error Error^2 1 92 92.00 2 2 92 92.00 0.00 0.00 3 87 92.00 -5.00 25.00 4 88 90.50 -2.50 6.25 5 94 89.75 4.25 18.06 6 88 91.03 -3.02 9.15 7 7 90 90.12 -0.12 0.01 8 88 90.08 -2.08 4.34 9 91 89.46 1.54 2.38 10 91 89.92 1.08 1.17 11 87 90.24 -3.24 10.52 12 97 89.27 7.73 59.74 Period Forecast 13 91.59 90 Observation - Forecast 88 86 84 MSE 12.42 82 1 2 3 4 5 6 7 8 9 9 10 11 12

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