Jane is trying to forecast demand for her store, using Exponential Smoothing, using  = 0.75.Fill in the missing cells with correct values Jane is trying to forecast demand for her store, using Exponential Smoothing, using a =0.75.Fill in the missing cells with correct valuesABCEFEnroll-Quarter ment3132851YearForecastErrorAbs Error21997131332313431229220204339307323219981359331282832083563282828438534936?10199913963762020113671239737324241344233913232142000141516Alpha =0.75MAD =N 3

Forecast = Actual demand of previous period*alpha+(1-alpha)*forecast of previous period Error =…

Answered: Jane is trying to forecast demand for…

Jane is trying to forecast demand for her store, using Exponential Smoothing, using a = 0.75. Fill in the missing cells with correct values

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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