11th Edition

ISBN: 9780132921145

Author: Jay Heizer

Publisher: PEARSON

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Chapter 4, Problem 11P

Use exponential smoothing with a smoothing constant of 0.3 to forecast the registrations at the seminar given in Problem 4.10. To begin the procedure, assume that the forecast for year 1 was 5,000 people signing up.

a. What is the MAD?
b. What is the MSE?

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Chapter 4, Problem 10P

Chapter 4, Problem 12P

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Use exponential smoothing with a smoothing constant of 0.3 to forecast the registrations at the seminar given in Problem 4.10. To begin the procedure, assume that the forecast for year 1 was 5,000 people signing up. a. What is the MAD? b. What is the MSE?

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