The following tabulations are actual sales of units for six months and a starting forecast in January. January February March April May June February March April May June ACTUAL FORECAST 110 90 118 116 90 a. Calculate forecasts for the remaining five months using simple exponential smoothing with a = 0.4. 82 118 MAD Forecasts b. Calculate the MAD for all the forecasts, including January's. (Round your answer to 1 decimal place.) Prev 3 of 7 # Next >

The following tabulations are actual sales of units for six months and a starting forecast in January. January February March April May June February March April May June ACTUAL FORECAST 110 90 118 116 90 a. Calculate forecasts for the remaining five months using simple exponential smoothing with a = 0.4. 82 118 MAD Forecasts b. Calculate the MAD for all the forecasts, including January's. (Round your answer to 1 decimal place.) Prev 3 of 7 # Next >

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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Question

please answer all parts within 30 minutes..

The following tabulations are actual sales of units for six months and a starting forecast in January.
January
February
March
April
May
June
February
March
April
May
June
ACTUAL FORECAST
110
90
118
116
90
a. Calculate forecasts for the remaining five months using simple exponential smoothing with a = 0.4.
82
118
MAD
Forecasts
b. Calculate the MAD for all the forecasts, including January's. (Round your answer to 1 decimal place.)
Prev
3 of 7
#
Next >

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