he following 1 2 d15 19 information: 3 4 27 30 5 37 6 58 ng the two-month weighted moving average with weights assigne Forecast for Month 7 is forecasting error for Month 5 is
he following 1 2 d15 19 information: 3 4 27 30 5 37 6 58 ng the two-month weighted moving average with weights assigne Forecast for Month 7 is forecasting error for Month 5 is
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
Related questions
Question
![Given the following information:
Month 1
2
4
Demand 15
19
3
27
30
5
6
37 58
(a) Using the two-month weighted moving average with weights assigned to the oldest in order 0.3 and 0.7,
(i) the forecast for Month 7 is
(ii) the forecasting error for Month 5 is
(iii) the mean absolute deviation is
(b) Using an exponential smoothing technique with alpha=0.6,
(i) the forecast for Month 7 is
(ii) the forecasting error for Month 4 is
(iii) the mean absolute deviation is
Time left 1:04](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F61796ab2-1ae4-4cc2-aff0-607d8f8f6e93%2F63b308ca-9883-42ce-99fb-9dade022f9db%2F1t4f9q_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Given the following information:
Month 1
2
4
Demand 15
19
3
27
30
5
6
37 58
(a) Using the two-month weighted moving average with weights assigned to the oldest in order 0.3 and 0.7,
(i) the forecast for Month 7 is
(ii) the forecasting error for Month 5 is
(iii) the mean absolute deviation is
(b) Using an exponential smoothing technique with alpha=0.6,
(i) the forecast for Month 7 is
(ii) the forecasting error for Month 4 is
(iii) the mean absolute deviation is
Time left 1:04
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