Example: bottled water at Kroger (Homework)=MonthActualForecastedα = 0.3Jan1,3251,370Feb1,3531,361Mar1,3051,359Apr1,2751,349May1,2101,334Jun?1,309solve the acutal sales in jun usingExponential smoothing: the methodAssume that we are currently in period. We calculated theforecast for the last period (F) and we know the actual demandlast period (4.) ...F₁=F₁₁+a(A₁-F₁)The smoothing constant a expresses how much our forecast willreact to observed differences...If a is low: there is little reaction to differences.If a is high: there is a lot of reaction to differences.

Given , forecast and actual sell for the given months. To find the actual sell for the Jun month,by…

Example: bottled water at Kroger (Homework) Month Actual Forecasted a=0.3 Jan 1,325 1,370 Feb 1,353 1,361 Mar 1,305 1,359 Apr 1,275 1,349 May 1,210 1,334 Jun ? 1,309 ve the acutal sales in jun using Exponential smoothing: the method Assume that we are currently in period r. We calculated the forecast for the last period (F) and we know the actual demand last period (d)

Example: bottled water at Kroger (Homework) Month Actual Forecasted a=0.3 Jan 1,325 1,370 Feb 1,353 1,361 Mar 1,305 1,359 Apr 1,275 1,349 May 1,210 1,334 Jun ? 1,309 ve the acutal sales in jun using Exponential smoothing: the method Assume that we are currently in period r. We calculated the forecast for the last period (F) and we know the actual demand last period (d)

Elements Of Electromagnetics

7th Edition

ISBN:9780190698614

Author:Sadiku, Matthew N. O.

Publisher:Sadiku, Matthew N. O.

ChapterMA: Math Assessment

Section: Chapter Questions

Problem 1.1MA

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