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A grocery store sells the following number of frozen turkeys during the week prior to Thanksgiving: Day Turkeys Sold Monday 80 Tuesday 53 Wednesday 65 Thursday 43 Friday 85 Saturday 101

A grocery store sells the following number of frozen turkeys during the week prior to Thanksgiving: Day Turkeys Sold Monday 80 Tuesday 53 Wednesday 65 Thursday 43 Friday 85 Saturday 101

MATLAB: An Introduction with Applications
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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A grocery store sells the following number of frozen turkeys during the week prior to Thanksgiving:

Day Turkeys Sold
Monday 80
Tuesday 53
Wednesday 65
Thursday 43
Friday 85
Saturday 101
 

 

 

 

 

a. Using exponential smoothing, prepare a forecast of sales for each day, starting with F1= 85 and a = 0.2. Compute the MAD and the tracking signal in each period. Use MADO = 0. (Round all answers to 2 decimal places.) Day Monday Tuesday Wednesday Thursday Friday Saturday Totals Turkeys Sold Forecast (t) 85.00 84.00 77.80 75.24 68.79 72.03 80 53 65 43 85 101 427 Error (t) -5.00 -31.00 -12.80 -32.24 16.21 28.97 MAD (t) Tracking Signal
Transcribed Image Text:a. Using exponential smoothing, prepare a forecast of sales for each day, starting with F1= 85 and a = 0.2. Compute the MAD and the tracking signal in each period. Use MADO = 0. (Round all answers to 2 decimal places.) Day Monday Tuesday Wednesday Thursday Friday Saturday Totals Turkeys Sold Forecast (t) 85.00 84.00 77.80 75.24 68.79 72.03 80 53 65 43 85 101 427 Error (t) -5.00 -31.00 -12.80 -32.24 16.21 28.97 MAD (t) Tracking Signal
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