The accompanying dataset provides data on the monthly usage of natural gas (in millions of cubic feet) for a certain region over two years. Implement the Holt-Winters multiplicative seasonality model with no trend to find the forecast for periods 13-26, where a = 0.6 and y = 0.8. Then find the MAD for periods 13-24. E Click the icon to view the monthly use of natural gas data. Use the Holt-Winters multiplicative seasonality model with no trend to find the forecast for periods 13-18, periods 19-24, and then for periods 25 and 26. (Type integers or decimals rounded to two decimal places as needed.) Period Forecast 13 14 15 16 17 18

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
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4.

Natural gas usage
Month Period Gas Usage O
Jan
1
242
Feb
2
230
Mar
3
156
Apr
May
142
55
Jun
6.
34
Jul
7
31
Aug
Sep
Oct
Nov
8.
27
9
28
10
41
11
90
Dec
12
13
197
Jan
232
Feb
14
239
15
16
17
18
Mar
247
Apr
May
Jun
132
33
32
Jul
19
27
Aug
Sep
Oct
20
27
21
27
22
39
Nov
23
88
Dec
24
186
Print
Done
Transcribed Image Text:Natural gas usage Month Period Gas Usage O Jan 1 242 Feb 2 230 Mar 3 156 Apr May 142 55 Jun 6. 34 Jul 7 31 Aug Sep Oct Nov 8. 27 9 28 10 41 11 90 Dec 12 13 197 Jan 232 Feb 14 239 15 16 17 18 Mar 247 Apr May Jun 132 33 32 Jul 19 27 Aug Sep Oct 20 27 21 27 22 39 Nov 23 88 Dec 24 186 Print Done
The accompanying dataset provides data on the monthly usage of natural gas (in millions of cubic feet) for a certain region over two years. Implement the
Holt-Winters multiplicative seasonality model with no trend to find the forecast for periods 13-26, where a = 0.6 and y = 0.8. Then find the MAD for periods 13-24.
Click the icon to view the monthly use of natural gas data.
Use the Holt-Winters multiplicative seasonality model with no trend to find the forecast for periods 13-18, periods 19-24, and then for periods 25 and 26.
(Type integers or decimals rounded to two decimal places as needed.)
Period
Forecast
13
14
15
16
17
18
Transcribed Image Text:The accompanying dataset provides data on the monthly usage of natural gas (in millions of cubic feet) for a certain region over two years. Implement the Holt-Winters multiplicative seasonality model with no trend to find the forecast for periods 13-26, where a = 0.6 and y = 0.8. Then find the MAD for periods 13-24. Click the icon to view the monthly use of natural gas data. Use the Holt-Winters multiplicative seasonality model with no trend to find the forecast for periods 13-18, periods 19-24, and then for periods 25 and 26. (Type integers or decimals rounded to two decimal places as needed.) Period Forecast 13 14 15 16 17 18
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