Question: table [ [ Period , Actual Value ] , [ Quarter 1 , 2 9 4 ] , [ Quarter 2 , 4 9
tablePeriodActual ValueQuarter Quarter Quarter Quarter Quarter Quarter Quarter Quarter Quarter Quarter Quarter Quarter Quarter Quarter Quarter Quarter
Generate a forecast using Exponential smoothing, using alpha
Assume forecast for Quarter was ie
a What is the forecast for Quarter
b Find the MAD based on periods through
What is the MAD?
c Use nonlinear programming to find the alpha that minimizes MAD.
i What is the alpha
ii What is the MAD?
iii. What is the forecast for Quarter using this alpha
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