simple exponential smoothing and the following time series data, respond to each the items. Period. Demand 1. 126 2. 112 3. 135 4. 145 5. 106 6. 101 7. 132 8. 141 9. 110 10. 131 D. Compute the MAD for each exponential smoothing forecast. ( Round your answer to 2 decimal plac

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
icon
Related questions
Question
4// I swing simple exponential smoothing and the following time series data, respond to each the items. Period. Demand 1. 126 2. 112 3. 135 4. 145 5. 106 6. 101 7. 132 8. 141 9. 110 10. 131 D. Compute the MAD for each exponential smoothing forecast. ( Round your answer to 2 decimal places)
b. Compute all possible forecasts using a smoothing coefficient (a) of 0.35. (Negative amounts should be indicated by a minus sign
Round your answers to 2 decimal places.)
Exponential
Smooth
Period
Demand
Error
Absolute Error
1
126
112
135
4
145
106
101
132
141
9
110
10
131
11
Transcribed Image Text:b. Compute all possible forecasts using a smoothing coefficient (a) of 0.35. (Negative amounts should be indicated by a minus sign Round your answers to 2 decimal places.) Exponential Smooth Period Demand Error Absolute Error 1 126 112 135 4 145 106 101 132 141 9 110 10 131 11
c. Compute all possible forecasts using a smoothing coefficient (a) of 0.85. (Negative amounts should be indicated by a minus sign.
Round your answers to 2 decimal places.)
Exponential
Smooth
Period
Demand
Error
Absolute Error
126
112
3
135
4
145
5.
106
6.
101
7.
132
8.
141
9
110
10
131
11
Transcribed Image Text:c. Compute all possible forecasts using a smoothing coefficient (a) of 0.85. (Negative amounts should be indicated by a minus sign. Round your answers to 2 decimal places.) Exponential Smooth Period Demand Error Absolute Error 126 112 3 135 4 145 5. 106 6. 101 7. 132 8. 141 9 110 10 131 11
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 4 steps with 7 images

Blurred answer
Knowledge Booster
Time Series Analyses, Forecasting Methods, and Indices
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, statistics and related others by exploring similar questions and additional content below.
Similar questions
Recommended textbooks for you
MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
Elementary Statistics: Picturing the World (7th E…
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
The Basic Practice of Statistics
The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman
Introduction to the Practice of Statistics
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman