Question: The MAD for the forecast developed using a weighted 2 - year moving average with weights of 0 . 3 5 and 0 . 6

The MAD for the forecast developed using a weighted2-year moving average with weights of 0.35 and 0.65=
150 miles (round your response to one decimal place).(Hint: You will have only 3 years of matched data.)
Part 6
d) Using exponential smoothing with alpha =0.20 and the forecast for year 1 being 3 comma 100, the forecast for year 6=

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!