Question: Q4. Calculate the ME for each forecast technique. Which forecast(s) tend to underpredict? Your answer: Q6. Use Solver to find the optimal alpha, how does

Q4. Calculate the ME for each forecast technique.Q4. Calculate the ME for each forecast technique.

Q4. Calculate the ME for each forecast technique. Which forecast(s) tend to underpredict?

Your answer:

Q6. Use Solver to find the optimal alpha, how does alphs impact the forecast accuracy of exponential smoothing?
Your answer:
A B D E F Month Demand Four-Period Moving Average Exponential Smoothing Alpha 0.14 1 2 30 33 1 2 3 4 5 6 3 34 4 41 5 54 7 6 47 49 8 9 7 8 33 9 52 10 47 11 10 11 12 13 14 15 12 13 14 39 58 55 37 16 47 15 16 17 37 18 17 50 19 18 43 20 19 47 20 47 21 30 22 40 21 22 23 24 25 26 23 39 39 24 25 Morth Morth Demand en period Demand Last period Simple Hverage Moving average Exponential smoothing alpha 0.7 Historical sales data from period 1 to period 36 20 1 2 3 4 5 5 7 B 9 10 11 12 13 19 20 37 17 19 30 25 34 an 43 22 3 28 30 20 50 34 15 16 17 18 19 20 21 22 10 31 D 5 10 40 42 3 24 25 26 27 28 29 30 31 41 46 40 4F 48 48 -16 64 33 50 58 50 45 96 27 ME MAD

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