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Sales for boxes of cookies over the last 10 days have been as follows: 12, 13, 16, 15, 12, 18, 14, 12, 13, 15 (listed
Sales for boxes of cookies over the last 10 days have been as follows: 12, 13, 16, 15, 12, 18, 14, 12, 13, 15 (listed from oldest to most recent). answer the following:
Trendline Develop a trend line for the sales. The trend line is Y = [ Select ] Select) + X, where X = time period (1, 2, ..., 11) Y = Sales . Using the predicted trend line for the demand fertilizer, the predicted sales for day 25 = [ Select] 4 Using the predicted trend line for the demand fertilizer, the predicted sales for day 60 = [ Select ] The Mean absolute deviation for the Trend line = [Select ] Exponential Smoothing Use exponential smoothing with a smoothing constant of 0.4 to forecast the sales. Assume that the last period's forecast for day 1 is 13 bags to begin the procedure. The Mean absolute deviation for exponential smoothing = [Select) . Based on the exponential smoothing forecast model, what is the value of the smoothing constant (Alpha), that gives the most accurate forecast? [ Select) 1 1 1. 15 1 17 18 19 20 21 N Which forecasting method is better? Trendline Step by Step Solution
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