A B 1 Exponential Smoothing Forecast Alpha (a) Period Actual Demand Forecast 1,400 2,400 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 1 2 23 3 456 5 7 8 9 10 11 12 13 0.4 C 2,200 1,700 2,700 3,600 3,100 3,000 4,200 4,900 4,500 4,600 1,400 D Formulas E #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A LL

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
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Excel Online Structured Activity: Exponential Smoothing Forecast
Consider the demand for some product over the last 12 periods. The data has been collected in the Microsoft Excel Online file below. Use the Microsoft Excel Online file below to
develop the exponential smoothing forecast and answer the following questions. Assume the forecast for period 2 is 1,400. Use a smoothing constant (a) value of 0.4.
IMM
Open spreadsheet
Questions
1. Calculate the forecast for the periods from 3 to 13 using the exponential smoothing method. Do not round intermediate calculations, Round your answers to the nearest whole
number.
Period
3
4
5
6
7
8
9
10
11
12
13
Forecast
Transcribed Image Text:Excel Online Structured Activity: Exponential Smoothing Forecast Consider the demand for some product over the last 12 periods. The data has been collected in the Microsoft Excel Online file below. Use the Microsoft Excel Online file below to develop the exponential smoothing forecast and answer the following questions. Assume the forecast for period 2 is 1,400. Use a smoothing constant (a) value of 0.4. IMM Open spreadsheet Questions 1. Calculate the forecast for the periods from 3 to 13 using the exponential smoothing method. Do not round intermediate calculations, Round your answers to the nearest whole number. Period 3 4 5 6 7 8 9 10 11 12 13 Forecast
A
B
1 Exponential Smoothing Forecast
2
3 Alpha (a)
45
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
1
2
3
4
5
6
0.4
Period Actual Demand Forecast
1,400
2,400
2,200
1,700
2,700
7
8
9
10
11
12
13
3,600
3,100
C
3,000
4,200
4,900
4,500
4,600
1,400
D
Formulas
E
#N/A
#N/A
#N/A
#N/A
#N/A
#N/A
#N/A
#N/A
#N/A
#N/A
#N/A
F
Transcribed Image Text:A B 1 Exponential Smoothing Forecast 2 3 Alpha (a) 45 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 1 2 3 4 5 6 0.4 Period Actual Demand Forecast 1,400 2,400 2,200 1,700 2,700 7 8 9 10 11 12 13 3,600 3,100 C 3,000 4,200 4,900 4,500 4,600 1,400 D Formulas E #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A F
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