ווח < > CENGAGE MINDTAP G Chapter 09 Excel Activity: Exponential Smoothing Question 1 3.33/10 A e Submit 自 ? G→ Video Excel Online Tutorial Excel Online Activity: Exponential Smoothing ng.cengage.com Q Search this course ? A retail store records customer demand during each sales period. The data has been collected in the Microsoft Excel Online file below. Use the Microsoft Excel Online file below to develop the single exponential smoothing forecast and answer the following questions. X Open spreadsheet Questions 1. What is the forecast for the 13th period based on the single exponential smoothing? Round your answer to two decimal places. 91.01 2. What is the MSE for the single exponential smoothing forecast? Round your answer to two decimal places. 23.50 3. Choose the correct graph for the single exponential smoothing forecast. The correct graph is graph A ☑ Back Observation Exponential Smoothing Forecast 100 Forecast 95 95 90 90 A-Z Office Next A+ < > G ווח C MindTap - Cengage Learning ng.cengage.com C Excel Online Student Work template Saved Search for tools, help, and more (Option + Q) File Home Insert Share Page Layout Formulas Data Review View Help Draw Arial ✓ 10 B $ € ✓ ✓ # < E13 Х fx B Ꭰ E F G H I J K M N 1 Exponential Smoothing Forecasting 2 ✓ Σν P Comments ✓ R + 0 Editing ✓ Use the area below to draw a line chart for single exponential smoothing forecast. 3 Smoothing constant 0.3 4 10 5 Time Period Observation Forecast Error Error^2 Formulas 6789 1 92 #N/A 10 11 12 13 14 15 16 456 9 17 18 Next period forecast: 13 - 234567800 23 86 #N/A #N/A 81 #N/A #N/A #N/A #N/A 82 #N/A #N/A ▼ #N/A 94 #N/A #N/A #N/A 85 #N/A ▼ #N/A ▼ #N/A 83 #N/A #N/A ▼ #N/A 83 #N/A #N/A #N/A 86 #N/A #N/A #N/A 10 91 #N/A #N/A #N/A 11 87 #N/A #N/A #N/A 12 97 #N/A #N/A #N/A #N/A 19 20 MSE #N/A 21 24 25 26 27 28 29 2222222220-23 31 33 > Sheet1 + >
ווח < > CENGAGE MINDTAP G Chapter 09 Excel Activity: Exponential Smoothing Question 1 3.33/10 A e Submit 自 ? G→ Video Excel Online Tutorial Excel Online Activity: Exponential Smoothing ng.cengage.com Q Search this course ? A retail store records customer demand during each sales period. The data has been collected in the Microsoft Excel Online file below. Use the Microsoft Excel Online file below to develop the single exponential smoothing forecast and answer the following questions. X Open spreadsheet Questions 1. What is the forecast for the 13th period based on the single exponential smoothing? Round your answer to two decimal places. 91.01 2. What is the MSE for the single exponential smoothing forecast? Round your answer to two decimal places. 23.50 3. Choose the correct graph for the single exponential smoothing forecast. The correct graph is graph A ☑ Back Observation Exponential Smoothing Forecast 100 Forecast 95 95 90 90 A-Z Office Next A+ < > G ווח C MindTap - Cengage Learning ng.cengage.com C Excel Online Student Work template Saved Search for tools, help, and more (Option + Q) File Home Insert Share Page Layout Formulas Data Review View Help Draw Arial ✓ 10 B $ € ✓ ✓ # < E13 Х fx B Ꭰ E F G H I J K M N 1 Exponential Smoothing Forecasting 2 ✓ Σν P Comments ✓ R + 0 Editing ✓ Use the area below to draw a line chart for single exponential smoothing forecast. 3 Smoothing constant 0.3 4 10 5 Time Period Observation Forecast Error Error^2 Formulas 6789 1 92 #N/A 10 11 12 13 14 15 16 456 9 17 18 Next period forecast: 13 - 234567800 23 86 #N/A #N/A 81 #N/A #N/A #N/A #N/A 82 #N/A #N/A ▼ #N/A 94 #N/A #N/A #N/A 85 #N/A ▼ #N/A ▼ #N/A 83 #N/A #N/A ▼ #N/A 83 #N/A #N/A #N/A 86 #N/A #N/A #N/A 10 91 #N/A #N/A #N/A 11 87 #N/A #N/A #N/A 12 97 #N/A #N/A #N/A #N/A 19 20 MSE #N/A 21 24 25 26 27 28 29 2222222220-23 31 33 > Sheet1 + >
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter13: Regression And Forecasting Models
Section: Chapter Questions
Problem 40P: The Baker Company wants to develop a budget to predict how overhead costs vary with activity levels....
Related questions
Question

Transcribed Image Text:ווח
< >
CENGAGE MINDTAP
G
Chapter 09 Excel Activity: Exponential Smoothing
Question 1
3.33/10
A
e
Submit
自
?
G→
Video
Excel Online Tutorial
Excel Online Activity: Exponential Smoothing
ng.cengage.com
Q Search this course
?
A retail store records customer demand during each sales period. The data has been collected in the Microsoft Excel Online file below. Use the Microsoft Excel Online file below to
develop the single exponential smoothing forecast and answer the following questions.
X
Open spreadsheet
Questions
1. What is the forecast for the 13th period based on the single exponential smoothing? Round your answer to two decimal places.
91.01
2. What is the MSE for the single exponential smoothing forecast? Round your answer to two decimal places.
23.50
3. Choose the correct graph for the single exponential smoothing forecast.
The correct graph is graph A ☑
Back
Observation
Exponential Smoothing Forecast
100
Forecast
95
95
90
90
A-Z
Office
Next
A+

Transcribed Image Text:< >
G
ווח
C MindTap - Cengage Learning
ng.cengage.com
C Excel Online Student Work
template Saved
Search for tools, help, and more (Option + Q)
File
Home Insert Share
Page Layout Formulas Data
Review
View
Help
Draw
Arial
✓ 10
B
$ € ✓
✓
#
<
E13
Х
fx
B
Ꭰ
E
F
G
H
I
J
K
M
N
1 Exponential Smoothing Forecasting
2
✓
Σν
P
Comments
✓
R
+ 0
Editing ✓
Use the area below to draw a line chart for single exponential smoothing forecast.
3
Smoothing constant
0.3
4
10
5
Time
Period
Observation Forecast Error Error^2
Formulas
6789
1
92
#N/A
10
11
12
13
14
15
16
456
9
17
18
Next period forecast: 13
- 234567800 23
86
#N/A
#N/A
81
#N/A
#N/A
#N/A
#N/A
82
#N/A
#N/A ▼ #N/A
94
#N/A
#N/A
#N/A
85
#N/A
▼ #N/A ▼ #N/A
83
#N/A
#N/A
▼ #N/A
83
#N/A
#N/A
#N/A
86
#N/A
#N/A
#N/A
10
91
#N/A
#N/A
#N/A
11
87
#N/A
#N/A
#N/A
12
97
#N/A
#N/A
#N/A
#N/A
19
20
MSE
#N/A
21
24
25
26
27
28
29
2222222220-23
31
33
>
Sheet1
+
>
Expert Solution

This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 2 steps with 3 images

Recommended textbooks for you

Practical Management Science
Operations Management
ISBN:
9781337406659
Author:
WINSTON, Wayne L.
Publisher:
Cengage,

Contemporary Marketing
Marketing
ISBN:
9780357033777
Author:
Louis E. Boone, David L. Kurtz
Publisher:
Cengage Learning

Practical Management Science
Operations Management
ISBN:
9781337406659
Author:
WINSTON, Wayne L.
Publisher:
Cengage,

Contemporary Marketing
Marketing
ISBN:
9780357033777
Author:
Louis E. Boone, David L. Kurtz
Publisher:
Cengage Learning
Marketing
Marketing
ISBN:
9780357033791
Author:
Pride, William M
Publisher:
South Western Educational Publishing

Purchasing and Supply Chain Management
Operations Management
ISBN:
9781285869681
Author:
Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
Publisher:
Cengage Learning