Operations and Supply Chain Management
Operations and Supply Chain Management
14th Edition
ISBN: 9780078024023
Author: F. Robert Jacobs
Publisher: MCG
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Chapter 18, Problem 29OQ

a)

Summary Introduction

To develop: The forecast for next quarter for both Company A and Company B using exponential smoothing and also with two different smoothing constants.

b)

Summary Introduction

To explain: The performance of the forecast using mean absolute deviation (MAD).

c)

Summary Introduction

To develop: The forecast for the next 6 quarters using the decomposition of time series method.

d)

Summary Introduction

To explain: The inference from the forecast of Company A and Company B

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