Question: Week 1 2 3 4 5 6 7 8 9 10 Demand 21 21 28 38 26 28 37 22 25 29 Forecast 21.0 2121

Week

1

2

3

4

5

6

7

8

9

10

Demand

21

21

28

38

26

28

37

22

25

29

Forecast

21.0

2121

2121

25.2025.20

32.8832.88

28.7528.75

28.3028.30

33.5233.52

26.6126.61

25.6425.64

Part 3

b) For the forecast developed using exponential smoothing

( = 0.60 and initial forecast 21.0), the MAD = enter your response here sales (round your response to two decimal places).

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!