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
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
Related questions
Question
answer c
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 3 steps with 2 images
Recommended textbooks for you
Algebra & Trigonometry with Analytic Geometry
Algebra
ISBN:
9781133382119
Author:
Swokowski
Publisher:
Cengage
College Algebra (MindTap Course List)
Algebra
ISBN:
9781305652231
Author:
R. David Gustafson, Jeff Hughes
Publisher:
Cengage Learning
Algebra & Trigonometry with Analytic Geometry
Algebra
ISBN:
9781133382119
Author:
Swokowski
Publisher:
Cengage
College Algebra (MindTap Course List)
Algebra
ISBN:
9781305652231
Author:
R. David Gustafson, Jeff Hughes
Publisher:
Cengage Learning
Calculus For The Life Sciences
Calculus
ISBN:
9780321964038
Author:
GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Publisher:
Pearson Addison Wesley,