You will use the Simple Exponential Smoothing (SES) forecasting method Use the attached data set Use an alpha of 5 to, find all relevant forecasts, errors, absolute errors, squared errors Lastly, find the MAD and MSE Then match your answers with the ones presented here SES xlsx Period At 1 15556 2 16217 3 17894 4 19139 5 17191 6 15373 7 11284 8 12092 9 14869 10 11109 11 12705 12 14680 13 11534 14 19667 15 16117 16 1843 17 15152 18 15389 19 11822 20 18639 21 13837 22 19866 23 16532 24 18267 25 17524 26 10984 27 14244 28 10819 29 17353 30 Using an alpha of 5, what is the 30th period forecast Using an alpha of 5, what is the MAD Using an alpha of 5, what is the MSE Now, run solver to find the best MAD What is the resulting best MAD What is the 30th period forecast after you run solver to find the best MAD A 2814 52 B 3248 24 C 3248 24 D 3095 93 E 14945 76 F 17826693 76 G None of these answers are correct H 15392 54 I 1404247 45 J 3504 55 K 18462827 62

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Question: You will use the Simple Exponential Smoothing (SES) forecasting method. Use the attached data set. Use an alpha of .5 to, find all relevant forecasts,

You will use the Simple Exponential Smoothing (SES) forecasting method. Use the attached data set. Use an alpha of .5 to, find all relevant forecasts, errors, absolute errors, squared errors. Lastly, find the MAD and MSE. Then match your answers with the ones presented here. SES.xlsx

Period	At
1	15556
2	16217
3	17894
4	19139
5	17191
6	15373
7	11284
8	12092
9	14869
10	11109
11	12705
12	14680
13	11534
14	19667
15	16117
16	1843
17	15152
18	15389
19	11822
20	18639
21	13837
22	19866
23	16532
24	18267
25	17524
26	10984
27	14244
28	10819
29	17353
30

- .	Using an alpha of .5, what is the 30th period forecast?
-	Using an alpha of .5, what is the MAD?
-	Using an alpha of .5, what is the MSE?
-	Now, run solver to find the best MAD. What is the resulting best MAD?
-	What is the 30th period forecast after you run solver to find the best MAD?

A.	2814.52
B.	3248.24
C.	3248.24
D.	3095.93
E.	14945.76
F.	17826693.76
G.	None of these answers are correct.
H.	15392.54
I.	1404247.45
J.	3504.55
K.	18462827.62

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