Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Sales of tablet computers at Marika Gonzalez's electronics store in Washington, D.C., over the past 10 weeks are shown in the table below: Week 1

Sales of tablet computers at Marika Gonzalez's electronics store in Washington, D.C., over the past 10 weeks are shown in the table below:

Week

1

2

3

4

5

6

7

8

9

10

Demand

2020

2121

2828

3636

2626

2929

3535

2020

2424

2929

a) The forecast for weeks 2 through 10 using exponential smoothing with alpha

=0.55 and a week 1 initial forecast of 20.0 are (round your responses to two decimal places):

Week

1

2

3

4

5

6

7

8

9

10

Demand

2020

2121

2828

3636

2626

2929

3535

2020

2424

2929

Forecast

20.020.0

20.020.0

20.5520.55

24.6524.65

30.8930.89

28.2028.20

28.6428.64

32.1432.14

25.4625.46

24.6624.66

b) For the forecast developed using exponential smoothing

(alpha =0.55 and initial forecast 20.0), the MAD = enter your response here sales (round your response to two decimal places).

C) For the forecast developed using, an exponential smoother name (alpha =0.55 and initial forecast 20.0) the tracking signal=

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

Linear Algebra

Authors: Jim Hefferon

1st Edition

978-0982406212, 0982406215

More Books

Students also viewed these Mathematics questions

Question

Types of cultural maps ?

Answered: 1 week ago

Question

Discuss the various types of leasing.

Answered: 1 week ago

Question

Define the term "Leasing"

Answered: 1 week ago

Question

What do you mean by Dividend ?

Answered: 1 week ago