Question: Problem 1 . Use the attached Excel file with the quarterly demand ( in 1 0 0 0 s of cases ) for a national
Problem Use the attached Excel file with the quarterly demand in s of cases for a national beer distributor over the past years data taken from textbook problem
Generate a forecast using Exponential smoothing, using Assume forecast for Quarter was ie:pts
a What is the forecast for Quarter
b Find the MAD based on periods through dots, What is the MAD?
c Use nonlinear programming to find the that minimizes MAD.
i What is the
ii What is the MAD?
iii. What is the forecast for Quarter using this
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