The forecast using exponential smoothing method. Introduction: The process of predicting the future events is known as the technique of forecasting . The technique of forecasting include projection of future by taking into account past data. The prediction made in forecasting process can be subjective or intuitive.

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Answer 1

Question

Chapter 4, Problem 61P

a)

Summary Introduction

To determine: The forecast using exponential smoothing method.

Introduction:

The process of predicting the future events is known as the technique of forecasting. The technique of forecasting include projection of future by taking into account past data. The prediction made in forecasting process can be subjective or intuitive.

b)

Summary Introduction

To determine: The MAD for exponential smoothing forecasting method:

Introduction:

The process of predicting the future events is known as the technique of forecasting. The technique of forecasting include projection of future by taking into account past data. The prediction made in forecasting process can be subjective or intuitive.

c)

Summary Introduction

To determine: The Cumulative Forecast Errors and tracking signals:

Introduction:

The process of predicting the future events is known as the technique of forecasting. The technique of forecasting include projection of future by taking into account past data. The prediction made in forecasting process can be subjective or intuitive.

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Answer 2

Question

Chapter 4, Problem 61P

a)

Summary Introduction

To determine: The forecast using exponential smoothing method.

Introduction:

The process of predicting the future events is known as the technique of forecasting. The technique of forecasting include projection of future by taking into account past data. The prediction made in forecasting process can be subjective or intuitive.

b)

Summary Introduction

To determine: The MAD for exponential smoothing forecasting method:

Introduction:

The process of predicting the future events is known as the technique of forecasting. The technique of forecasting include projection of future by taking into account past data. The prediction made in forecasting process can be subjective or intuitive.

c)

Summary Introduction

To determine: The Cumulative Forecast Errors and tracking signals:

Introduction:

The process of predicting the future events is known as the technique of forecasting. The technique of forecasting include projection of future by taking into account past data. The prediction made in forecasting process can be subjective or intuitive.

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Answer 3

Question

Chapter 4, Problem 61P

a)

Summary Introduction

To determine: The forecast using exponential smoothing method.

Introduction:

The process of predicting the future events is known as the technique of forecasting. The technique of forecasting include projection of future by taking into account past data. The prediction made in forecasting process can be subjective or intuitive.

b)

Summary Introduction

To determine: The MAD for exponential smoothing forecasting method:

Introduction:

The process of predicting the future events is known as the technique of forecasting. The technique of forecasting include projection of future by taking into account past data. The prediction made in forecasting process can be subjective or intuitive.

c)

Summary Introduction

To determine: The Cumulative Forecast Errors and tracking signals:

Introduction:

The process of predicting the future events is known as the technique of forecasting. The technique of forecasting include projection of future by taking into account past data. The prediction made in forecasting process can be subjective or intuitive.

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Answer 4

Question

Chapter 4, Problem 61P

a)

Summary Introduction

To determine: The forecast using exponential smoothing method.

Introduction:

The process of predicting the future events is known as the technique of forecasting. The technique of forecasting include projection of future by taking into account past data. The prediction made in forecasting process can be subjective or intuitive.

b)

Summary Introduction

To determine: The MAD for exponential smoothing forecasting method:

Introduction:

The process of predicting the future events is known as the technique of forecasting. The technique of forecasting include projection of future by taking into account past data. The prediction made in forecasting process can be subjective or intuitive.

c)

Summary Introduction

To determine: The Cumulative Forecast Errors and tracking signals:

Introduction:

The process of predicting the future events is known as the technique of forecasting. The technique of forecasting include projection of future by taking into account past data. The prediction made in forecasting process can be subjective or intuitive.

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Answer 5

Chapter 4, Problem 61P

a)

Summary Introduction

To determine: The forecast using exponential smoothing method.

Introduction:

The process of predicting the future events is known as the technique of forecasting. The technique of forecasting include projection of future by taking into account past data. The prediction made in forecasting process can be subjective or intuitive.

b)

Summary Introduction

To determine: The MAD for exponential smoothing forecasting method:

Introduction:

The process of predicting the future events is known as the technique of forecasting. The technique of forecasting include projection of future by taking into account past data. The prediction made in forecasting process can be subjective or intuitive.

c)

Summary Introduction

To determine: The Cumulative Forecast Errors and tracking signals:

Introduction:

The process of predicting the future events is known as the technique of forecasting. The technique of forecasting include projection of future by taking into account past data. The prediction made in forecasting process can be subjective or intuitive.

Answer 6

Chapter 4, Problem 61P

a)

Summary Introduction

To determine: The forecast using exponential smoothing method.

Introduction:

The process of predicting the future events is known as the technique of forecasting. The technique of forecasting include projection of future by taking into account past data. The prediction made in forecasting process can be subjective or intuitive.

Answer 7

Chapter 4, Problem 61P

a)

Summary Introduction

To determine: The forecast using exponential smoothing method.

Introduction:

The process of predicting the future events is known as the technique of forecasting. The technique of forecasting include projection of future by taking into account past data. The prediction made in forecasting process can be subjective or intuitive.

Answer 8

b)

Summary Introduction

To determine: The MAD for exponential smoothing forecasting method:

Introduction:

The process of predicting the future events is known as the technique of forecasting. The technique of forecasting include projection of future by taking into account past data. The prediction made in forecasting process can be subjective or intuitive.

Answer 9

b)

Summary Introduction

To determine: The MAD for exponential smoothing forecasting method:

Introduction:

The process of predicting the future events is known as the technique of forecasting. The technique of forecasting include projection of future by taking into account past data. The prediction made in forecasting process can be subjective or intuitive.

Answer 10

c)

Summary Introduction

To determine: The Cumulative Forecast Errors and tracking signals:

Introduction:

The process of predicting the future events is known as the technique of forecasting. The technique of forecasting include projection of future by taking into account past data. The prediction made in forecasting process can be subjective or intuitive.

Answer 11

c)

Summary Introduction

To determine: The Cumulative Forecast Errors and tracking signals:

Introduction:

The process of predicting the future events is known as the technique of forecasting. The technique of forecasting include projection of future by taking into account past data. The prediction made in forecasting process can be subjective or intuitive.

Answer 12

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Answer 13

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Answer 14

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Answer 15

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