Sales of music stands at Johnny Hos music store in Burnaby over the past 10 weeks are
Question:
a) Forecast demand for each week, including week 10, using exponential smoothing with a 5 0.5 (initial forecast 5 20).
b) Compute the MAD.
c) Compute the tracking signal.
Transcribed Image Text:
Week Demand 20 Week Demand 29 1 2 36 21 28 3 22 8. 37 25 5 25 10 28
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a b Period Demand Forecast Error Running sum Error 1 20 20 000 000 ...View the full answer
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Related Book For
Operations Management Sustainability and Supply Chain Management
ISBN: 978-0133764345
2nd Canadian edition
Authors: Jay Heizer, Barry Render, Paul Griffin
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