Using exponential smoothing, calculate the forecasts for the same months as in problem 8.3c. The old average for month 3 was 96 and a = 0.4. What is the differencebetween the two forecasts for month 11? 2520-Forecast Demand15-10Actual Demand0 +2 36.781011QUARTERSFIGURE 8.7 Seasonal demand.DEMAND MonthActual DemandForecast110229139510594100710695105109811

Given: The data regarding the forecast: Month Actual demand Forecast 1 102 2 91 3 95…

Answered: 25 20- Forecast Demand 15- 10 Actual…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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Using exponential smoothing, calculate the forecasts for the same months as in problem 8.3c. The old average for month 3 was 96 and a = 0.4. What is the difference
between the two forecasts for month 11?

25
20-
Forecast Demand
15-
10
Actual Demand
0 +
2 3
6.
7
8
10
11
QUARTERS
FIGURE 8.7 Seasonal demand.
DEMAND

Month
Actual Demand
Forecast
1
102
2
91
3
95
105
94
100
7
106
95
105
10
98
11

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