Question: Period Month Demand Level Seasonal Forecast Error ABS % Error Sq. Error 1 Jan 100 2 Feb 138 3 Mar 71 4 Apr 100 5
Period Month Demand Level Seasonal Forecast Error ABS % Error Sq. Error 1 Jan 100 2 Feb 138 3 Mar 71 4 Apr 100 5 May 124 6 Jun 73 7 Jul 96 8 Aug 136 9 Sep 76 10 Oct 95 11 Nov 134 12 Dec 69 13 Jan 100 14 Feb 129 15 Mar 71 16 Apr 86 17 May 138 18 Jun 80 19 Jul 86 20 Aug 131 21 Sep 82 22 Oct 93 23 Nov 124 24 Dec 77
ME: MAPE: MSE:
For the forecasting part, please use exponential smoothing with the following initalization values: seasonal=100
alpha value of 0.1
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