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a. Compute MAD for the fifth period, then update it period by period using exponential smoothing with a = .10. (Round your intermediate calculations and final answers to 3 decimal places.) A Demand 123 183 143 78 73 Period 1 2 MADT 3 4 5 6 118 7 113 8 142 107 10 162 11 117 12 102 13 137 14 147

a. Compute MAD for the fifth period, then update it period by period using exponential smoothing with a = .10. (Round your intermediate calculations and final answers to 3 decimal places.) A Demand 123 183 143 78 73 Period 1 2 MADT 3 4 5 6 118 7 113 8 142 107 10 162 11 117 12 102 13 137 14 147

Practical Management Science
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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a. Compute MAD for the fifth period, then update it period by period using exponential smoothing with a = .10. (Round your intermediate calculations and final answers to 3 decimal places.) t A Period Demand 123 183 143 78 MADT 1 3 4 73 6. 118 7 113 8. 142 9. 107 10 162 11 117 12 102 13 137 14 147
Transcribed Image Text:a. Compute MAD for the fifth period, then update it period by period using exponential smoothing with a = .10. (Round your intermediate calculations and final answers to 3 decimal places.) t A Period Demand 123 183 143 78 MADT 1 3 4 73 6. 118 7 113 8. 142 9. 107 10 162 11 117 12 102 13 137 14 147
Problem 3-28 The manager of a travel agency has been using a seasonally adjusted forecast to predict demand for packaged tours. The actual and predicted values are as follows: Period Demand Predicted 123 183 113 200 1 143 78 73 150 102 80 135 4 5 6. 118 113 142 7 128 124 9. 107 162 117 109 150 94 80 10 11 102 137 12 13 140 128 14 147
Transcribed Image Text:Problem 3-28 The manager of a travel agency has been using a seasonally adjusted forecast to predict demand for packaged tours. The actual and predicted values are as follows: Period Demand Predicted 123 183 113 200 1 143 78 73 150 102 80 135 4 5 6. 118 113 142 7 128 124 9. 107 162 117 109 150 94 80 10 11 102 137 12 13 140 128 14 147
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