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The Florida Company was flooded by a Hurricane and somehow lost part of their forecasting data. The missing values in the following table must be recalculated from the remaining data. Exponential smoothing constant of 0.20 is used for both the forecast and updated MAD.     NOTE: All forecast, error, MAD, and TS values should be rounded to the nearest hundredth (two decimal after dot, for example 99.99)

The Florida Company was flooded by a Hurricane and somehow lost part of their forecasting data. The missing values in the following table must be recalculated from the remaining data. Exponential smoothing constant of 0.20 is used for both the forecast and updated MAD.     NOTE: All forecast, error, MAD, and TS values should be rounded to the nearest hundredth (two decimal after dot, for example 99.99)

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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The Florida Company was flooded by a Hurricane and somehow lost part of their forecasting data. The missing values in the following table must be recalculated from the remaining data. Exponential smoothing constant of 0.20 is used for both the forecast and updated MAD.

 

 

NOTE: All forecast, error, MAD, and TS values should be rounded to the nearest hundredth (two decimal after dot, for example 99.99)

Period 1 2 3 Actual 160.00 155.00 165.00 Forecast 150.00 152.00 Blank 3 Error 10.00 3.00 Blank 4 MAD 13.00 Blank 1 10.52 Blank 5 TS 0.81 Blank 2 Blank 6
Transcribed Image Text:Period 1 2 3 Actual 160.00 155.00 165.00 Forecast 150.00 152.00 Blank 3 Error 10.00 3.00 Blank 4 MAD 13.00 Blank 1 10.52 Blank 5 TS 0.81 Blank 2 Blank 6
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