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QUESTIONS All Ans to 3 Decimal Places Use the Naiive method to forecast for Feb -Aug 2021 2 Calculate a 2-period moving average forecast 3 Calulate a weighted forecast with 0.55, 0.25, 0.2

QUESTIONS All Ans to 3 Decimal Places Use the Naiive method to forecast for Feb -Aug 2021 2 Calculate a 2-period moving average forecast 3 Calulate a weighted forecast with 0.55, 0.25, 0.2

Practical Management Science
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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QUESTIONS All Ans to 3 Decimal Places 1 Use the Naiive method to forecast for Feb -Aug 2021 Calculate a 2-period moving average forecast 2 Calulate a weighted forecast with 0.55, 0.25, 0.2 Calculate the Forecast with a smoothing constant à = 0.35 and the Forecast for FEB = 1982 Calculate the MAD, MSE and the MAPE for the Exponential Smoothing Forecasts 345
Transcribed Image Text:QUESTIONS All Ans to 3 Decimal Places 1 Use the Naiive method to forecast for Feb -Aug 2021 Calculate a 2-period moving average forecast 2 Calulate a weighted forecast with 0.55, 0.25, 0.2 Calculate the Forecast with a smoothing constant à = 0.35 and the Forecast for FEB = 1982 Calculate the MAD, MSE and the MAPE for the Exponential Smoothing Forecasts 345
A B C D All answers to 3 Decimal Places 2020 Actual JAN 1000 FEB 899 MARC 1892 APRIL 2225 MAY 2250 JUNE 3251 JULY 2750 E F
Transcribed Image Text:A B C D All answers to 3 Decimal Places 2020 Actual JAN 1000 FEB 899 MARC 1892 APRIL 2225 MAY 2250 JUNE 3251 JULY 2750 E F
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