Sales of tablet computers at Ted Glickman's electronics store in Washington, D.C., over the past 10 weeks are shown in the table below: Week 1 2 3 4 5 6 7 8 9 10 Demand 20 23 29 38 25 29 36 24 26 29 a) The forecast for weeks 2 through 10 using exponential smoothing with α = 0.50 and a week 1 initial forecast of 20.0 are (round your responses to two decimal places): Week 1 2 3 4 5 6 7 8 9 10 Demand 20 23 29 38 25 29 36 24 26 29 Forecast 20.0 b) For the forecast developed using exponential smoothing (α = 0.50 and initial forecast 20.0), the MAD = sales (round your response to two decimal places). c) For the forecast developed using exponential smoothing (α = 0.50 and initial forecast 20.0), the tracking signal = (round your response to two decimal places).
Sales of tablet computers at Ted Glickman's electronics store in Washington, D.C., over the past 10 weeks are shown in the table below: Week 1 2 3 4 5 6 7 8 9 10 Demand 20 23 29 38 25 29 36 24 26 29 a) The forecast for weeks 2 through 10 using exponential smoothing with α = 0.50 and a week 1 initial forecast of 20.0 are (round your responses to two decimal places): Week 1 2 3 4 5 6 7 8 9 10 Demand 20 23 29 38 25 29 36 24 26 29 Forecast 20.0 b) For the forecast developed using exponential smoothing (α = 0.50 and initial forecast 20.0), the MAD = sales (round your response to two decimal places). c) For the forecast developed using exponential smoothing (α = 0.50 and initial forecast 20.0), the tracking signal = (round your response to two decimal places).
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...
Related questions
Question
Sales of tablet computers at Ted Glickman's electronics store in Washington, D.C., over the past 10 weeks are shown in the table below:
|
Week
|
1
|
2
|
3
|
4
|
5
|
6
|
7
|
8
|
9
|
10
|
|
Demand
|
20
|
23
|
29
|
38
|
25
|
29
|
36
|
24
|
26
|
29
|
a) The forecast for weeks 2 through 10 using exponential smoothing with
α = 0.50 and a week 1 initial forecast of 20.0
are (round your responses to two decimal places):
|
Week
|
1
|
2
|
3
|
4
|
5
|
6
|
7
|
8
|
9
|
10
|
|
Demand
|
20
|
23
|
29
|
38
|
25
|
29
|
36
|
24
|
26
|
29
|
|
Forecast
|
20.0
|
b) For the forecast developed using exponential smoothing
(α = 0.50 and initial forecast 20.0), the MAD = sales (round your response to two decimal places).
c) For the forecast developed using exponential smoothing
(round your response to two decimal places).
(α = 0.50 and initial forecast 20.0), the tracking signal =
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