Question: PLEASE ANSWER SHOWING ALL WORK NOT USING EXCEL Starting with your solution to question 4 (alpha .4), complete a double smoothing model for periods 610

PLEASE ANSWER SHOWING ALL WORK NOT USING EXCELPLEASE ANSWER SHOWING ALL WORK NOT USING EXCEL

PLEASE ANSWER SHOWING ALL WORK NOT USING EXCEL

Starting with your solution to question 4 (alpha .4), complete a double smoothing model for periods 610 for issues remediated. Again here, assume a beginning forecast of 320 for period 5 (This needs to show your final forecast answers which is a step further than just the double smoothing forecast). How does this model perform compared to question 4? Support your answer with statistics (MAD and BIAS). Note that your answers may be negative. Be sure to include the (-) negative sign if it is in fact negative. These answers might also be significantly larger than your practice problems: Answer below by rounding to the nearest two decimal places: 1. Final Forecast Period 6 (August) : 2. Final Forecast Period 7 (September) : 3. Final Forecast Period 8 (October) : 4. Final Forecast Period 9 (November) : 5. Final Forecast Period 10 (December) : 6. MAD: 7. BIAS: 8. Reassess which Forecast is the best method to use in this case? (use the following format to answer this question: .4 Alpha ES or Exponential Double): Starting with your solution to question 4 (alpha .4), complete a double smoothing model for periods 610 for issues remediated. Again here, assume a beginning forecast of 320 for period 5 (This needs to show your final forecast answers which is a step further than just the double smoothing forecast). How does this model perform compared to question 4? Support your answer with statistics (MAD and BIAS). Note that your answers may be negative. Be sure to include the (-) negative sign if it is in fact negative. These answers might also be significantly larger than your practice problems: Answer below by rounding to the nearest two decimal places: 1. Final Forecast Period 6 (August) : 2. Final Forecast Period 7 (September) : 3. Final Forecast Period 8 (October) : 4. Final Forecast Period 9 (November) : 5. Final Forecast Period 10 (December) : 6. MAD: 7. BIAS: 8. Reassess which Forecast is the best method to use in this case? (use the following format to answer this question: .4 Alpha ES or Exponential Double)

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