Question: Question 5 : Forecasters at Aton Corporation are using single exponential smoothing to forecast the sales of its major product. They are trying to decide
Question :
Forecasters at Aton Corporation are using single exponential smoothing to forecast the
sales of its major product. They are trying to decide what smoothing constant will give
the best results. They have tried a number of smoothing constants with the following
results:
A Which smoothing constant appears best from these results? Explain your answer.
B Could you perhaps get even better results given these outcomes? How would
you go about improving the RMSE?
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