Question: Using the data below, what is the simple exponential smoothing forecast for the 4th week where =0.4? Week Time Series Value 1 6.00 2 4.00

Using the data below, what is the simple exponential smoothing forecast for the 4th week where =0.4?

Week

Time Series Value

1

6.00

2

4.00

3

5.00

4

3.00

Using the data below and the Nave forecast, what is the error calculation for the 3rd week?

Week

Time Series Value

1

17.00

2

23.00

3

12.00

4

5.00

Based on the data below for chocolate demand per week and using the nave forecasting method, how much you should order for 5th week?

Week

Time Series Value

1

16.00

2

9.00

3

16.00

4

19.00

Using the data below, Use the 2 period moving average to create the forecast calculate the absolute error for the 3rd week.

Week

Actuals

1

21.00

2

24.00

3

24.00

4

7.00

...

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