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

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Using an alpha of .5, what is the 30th period forecast?

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Using an alpha of .5, what is the MAD?

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Using an alpha of .5, what is the MSE?

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Now, run solver to find the best MAD. What is the resulting best MAD?

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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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