Question: question C -forecast year 1 through 6 using the trend projection method. -What is the MAD ? -based on comparaison of MAD. the best forecast
The difector of medical sorvices predicted 6 years ago that demand in yoar 1 would be 42.0 surgerios. a) Using exponenkal smoothing with a of 0.60 and the given forecast for year 1 , the forecasts for years 2 through 6 are (round your fesponses to one decimal place): For the forecast made using exponential smoothing with =0.60 and the given forecast for year 1,.MAD=5 surgeries (round your rosponse to ane docimal place). Using exponential smoothing with of 0.90 and the given forecast for year 1, the forecasts for yoars 2 through 6 are (round your responses to ano docimal place) For the forecast made using neponental sinoothing wit at =0.90 and the given forecast for year 1 , MAD =3.9 suitgeries (round your response to ane decimal p laco). b) Forocasts for years 4 through 6 using a 3 year moving average are (round your rusponses to one docimal place) Foe forecasta made using a 3 yeat moving average, MAD =5.7 surgeries (round your cesponse to ono decimal place), c) Forecabts for yean 1 through 6 using the trend-peciection method are (round your rospanses to ane deoimal place)
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