Consider the time series below. Complete parts a through e below. Period 3 4 Demand 10 16 1 14 2 11 CH 5 17 6 15 a) Forecast the demand for Period 9 using exponential smoothing with a = 0.1. The forecasted demand for Period 9 using exponential smoothing with a = 0.1 is 13.075. (Round to three decimal places as needed.) b) Calculate the MAD for the forecast in part a. MAD= 3.360 (Round to three decimal places as needed.) c) Forecast demand for Period 9 using exponential smoothing with a = 0.3. The forecasted demand for Period 9 using exponential smoothing with a = 0.3 is. (Round to three decimal places as needed.) 7 10 8 8

Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter5: Inverse, Exponential, And Logarithmic Functions
Section5.3: The Natural Exponential Function
Problem 40E
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answer c
Consider the time series below. Complete parts a through e below.
1
3
Period
Demand
10
2
11
4
16
5
17
a) Forecast the demand for Period 9 using exponential smoothing with a = 0.1.
The forecasted demand for Period 9 using exponential smoothing with a = 0.1 is 13.075.
(Round to three decimal places as needed.)
b) Calculate the MAD for the forecast in part a.
MAD = 3.360
(Round to three decimal places as needed.)
c) Forecast the demand for Period 9 using exponential smoothing with a = 0.3.
Get more help.
6
15
The forecasted demand for Period 9 using exponential smoothing with a = 0.3 is.
(Round to three decimal places as needed.)
Clear all
7
10
8
8
C
Check answer
Incorr
Transcribed Image Text:Consider the time series below. Complete parts a through e below. 1 3 Period Demand 10 2 11 4 16 5 17 a) Forecast the demand for Period 9 using exponential smoothing with a = 0.1. The forecasted demand for Period 9 using exponential smoothing with a = 0.1 is 13.075. (Round to three decimal places as needed.) b) Calculate the MAD for the forecast in part a. MAD = 3.360 (Round to three decimal places as needed.) c) Forecast the demand for Period 9 using exponential smoothing with a = 0.3. Get more help. 6 15 The forecasted demand for Period 9 using exponential smoothing with a = 0.3 is. (Round to three decimal places as needed.) Clear all 7 10 8 8 C Check answer Incorr
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