Question: Use excel qm. Warm up sample is 1-6 (feb 1-6) , forecasting sample is from 7-31 (Feb 7-Mar 3). Weights is 1-7. Restraints is =

Use excel qm. Warm up sample is 1-6 (feb 1-6) , forecasting sample is from 7-31 (Feb 7-Mar 3). Weights is 1-7. Restraints is = 0 for solver in determining alpha value. Keep solver results and in the option of reports, click 'answers' then generate result. Present solutions and formulas. Graph

Use excel qm. Warm up sample is 1-6 (feb 1-6) , forecasting

Sales Forecast next period using 1-Feb 16 16-Feb 8 2-Feb 10 17-Feb 7 3. 3-Feb 12 18-Feb 7-period moving average (weighted) 12 4. Simple exponential smoothing (Excel gm Solver 4-Feb 15 19-Feb 9 to calculate the al 5-Feb 24 20-Feb 13 6-Feb 14 21-Feb 14 7-Feb 10 22-Feb 6 8-Feb 3 23-Feb 12 Calculating mean absolute deviation 9-Feb 7 24-Feb 19 10-Feb 0 25-Feb 15 (MAD), mean squared error (MSE), mean absolute 11-Feb 15 26-Feb 12 percentage error (MAPE) 12-Feb 13 27-Feb 13 use warm-up and forecasting samples calculations 13-Feb 7 28-Feb 4 14-Feb 12 1-Mar 4 15-Feb 3 2-Mar 13 What is the best forecast basing on MSE? 3-Mar 16

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