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 |
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
