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Compute the forecast using exponential smoothing with a smoothing constant of 0.15 and a forecast for Week 1 of 20,000. What is the MAD? Week
Compute the forecast using exponential smoothing with a smoothing constant of 0.15 and a forecast for Week 1 of 20,000. What is the MAD? | |
Week | Miles |
1 | 21,000 |
2 | 25,000 |
3 | 24,000 |
4 | 26,000 |
5 | 22,000 |
6 | 25,000 |
7 | 24,000 |
8 | 24,000 |
9 | 22,000 |
10 | 24,000 |
11 | 23,000 |
12 | 24,000 |
13 | 23,000 |
14 | 22,000 |
15 | 24,000 |
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