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demand for Soft Shag carpet mill, customers

demand for Soft Shag carpet mill, customers

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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2. (18') The manager of the Carpet City outlet needs to make an accurate forecast of the demand for Soft Shag carpet. If the manager does not order enough carpet from the carpet mill, customers will buy their carpet from one of Carpet City's many competitors. The manager has collected the following demand data for the past 6 months: Month Demand for soft shag сагреt (1000yd) 1 10 2. 12 3. 8 9. 5. 13 2). (13') Use a-0.3 and B-0.4, and find the adjusted exponential smoothing. Find the MAPD, and average error.
Transcribed Image Text:2. (18') The manager of the Carpet City outlet needs to make an accurate forecast of the demand for Soft Shag carpet. If the manager does not order enough carpet from the carpet mill, customers will buy their carpet from one of Carpet City's many competitors. The manager has collected the following demand data for the past 6 months: Month Demand for soft shag сагреt (1000yd) 1 10 2. 12 3. 8 9. 5. 13 2). (13') Use a-0.3 and B-0.4, and find the adjusted exponential smoothing. Find the MAPD, and average error.
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