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 | 2.00 |
| 4 | 4.00 |
Submit
Answer format: Number: Round to: 1 decimal places.
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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 | 17.00 |
| 2 | 8.00 |
| 3 | 8.00 |
| 4 | 12.00 |
Submit
Answer format: Number: Round to: 0 decimal places.
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Using the data below, what is the weighted moving average forecast for the 4th week?
The weights are .20, .30, .50 (oldest period to most recent period)
| Week | Time Series Value |
| 1 | 21.00 |
| 2 | 14.00 |
| 3 | 19.00 |
| 4 | 13.00 |
Submit
Answer format: Number: Round to: 1 decimal places.
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Using the data below, what is the value of RMSE?
| Week | Time Series Value | Forecast |
| 1 | 3 | 2.00 |
| 2 | 5 | 6.00 |
| 3 | 2 | 7.00 |
| 4 | 8 | 7.00 |
Submit
Answer format: Number: Round to: 2 decimal places.
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