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Consider the following actual demand and forecast data for ARX AG a national distributor of commercial blends and custom formulated fertilizers for traditional and organic crop nutrition needs. All data is in tons. Month Forecast Actual Demand 1900 1890 2 1892 1840 3 1850 1838 1840 1831 1833 1830 6 1831 1800 7 1806 1780 1785 1740 1. 4) 5.

Consider the following actual demand and forecast data for ARX AG a national distributor of commercial blends and custom formulated fertilizers for traditional and organic crop nutrition needs. All data is in tons. Month Forecast Actual Demand 1900 1890 2 1892 1840 3 1850 1838 1840 1831 1833 1830 6 1831 1800 7 1806 1780 1785 1740 1. 4) 5.

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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Consider the following actual demand and forecast data for ARX AG a national distributor of commercial blends and custom formulated fertilizers for traditional and organic crop nutrition needs. All data is in tons. Month Forecast Actual Demand 1900 1890 2 1892 1840 3 1850 1838 4 1840 1831 5 1833 1830 6. 1831 1800 7 1806 1780 1785 1740 1749 1732 10 11 12 Develop a forecast for month 10 using exponential smoothing with a smoothing constant of .8. Note that the initial forecast of 1900 was not derived using exponential smoothing. Select the answer that best matches yours. A) 1750 B) 1773 C) 1800 D) 1735 (answer) E) 1780 Part B Continuing with ARX AG what is the Mean Absolute Deviation of the Forecast? A) 24.38 B) 23.89 C) 22.75 D) 25.08 E) 24.92 PRESENT 1.
Transcribed Image Text:Consider the following actual demand and forecast data for ARX AG a national distributor of commercial blends and custom formulated fertilizers for traditional and organic crop nutrition needs. All data is in tons. Month Forecast Actual Demand 1900 1890 2 1892 1840 3 1850 1838 4 1840 1831 5 1833 1830 6. 1831 1800 7 1806 1780 1785 1740 1749 1732 10 11 12 Develop a forecast for month 10 using exponential smoothing with a smoothing constant of .8. Note that the initial forecast of 1900 was not derived using exponential smoothing. Select the answer that best matches yours. A) 1750 B) 1773 C) 1800 D) 1735 (answer) E) 1780 Part B Continuing with ARX AG what is the Mean Absolute Deviation of the Forecast? A) 24.38 B) 23.89 C) 22.75 D) 25.08 E) 24.92 PRESENT 1.
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