Consider the time series below. Complete parts a through e below. Period 3 4 Demand 10 16 1 14 2 11 HE MAD= (Round to three decimal places as needed.) 5 17 6 15 a) Forecast the demand for Period 9 using exponential smoothing with α = 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. 7 10 8 8 D

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calculate B
Consider the time series below. Complete parts a through e below.
Period
3
4
Demand
10
16
1
14
2
11
MAD=
(Round to three decimal places as needed.)
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.
example Get more help.
6
15
Clear all
7
10
8
8
Check answer
Incorre
Transcribed Image Text:Consider the time series below. Complete parts a through e below. Period 3 4 Demand 10 16 1 14 2 11 MAD= (Round to three decimal places as needed.) 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. example Get more help. 6 15 Clear all 7 10 8 8 Check answer Incorre
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