Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

1.- A consumer goods company keeps track of the monthly demand for one of its emblematic products for a period of one year. Such information

1.- A consumer goods company keeps track of the monthly demand for one of its emblematic products for a period of one year. Such information is presented in the column labeled Demand in the image below. It is required to use the simple exponential smoothing method considering three values for the alpha smoothing parameter: 0.1; 0.5 and 0.9. Obtain the forecast for period 13 (January of the following year) and evaluate the adjustment of the method for each of the proposed alpha values 2.- Calculate the MAD and PEMA for each smoothing

MES PERIODO DEMANDA
ENE 1 2.000
FEB 2 1.350
MAR 3 1.950
ABR 4 1.975
MAY 5 3.100
JUN 6 1.750
JUL 7 1.550
AGO 8 1.300
SEP 9 2.200
OCT 10 2.770
NOV 11 2.350
DIC 12 2.230
ENE 13

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Mathematical Interest Theory

Authors: Leslie Jane, James Daniel, Federer Vaaler

3rd Edition

147046568X, 978-1470465681

More Books

Students also viewed these Mathematics questions

Question

Describe a forward exchange contract.

Answered: 1 week ago