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Supply Chain Problem. Thank you! Question 36 3 pts Consider the following actual demand and forecast data for Macon Commercial Chocolate a regional manufacturer of
Supply Chain Problem. Thank you!
Question 36 3 pts Consider the following actual demand and forecast data for Macon Commercial Chocolate a regional manufacturer of chocolate power. All data is in lbs. Month Forecast Actual 2900 3002 Ho 2992 13007 3 3005 3219 4 13198 3360 5 3024 2890 6 2903 2644 V 2670 2349 8 2381 12680 9 2650 2903 10 2670 2349 2381 2680 19 9 2650 2903 10 12 Develop a forecast for month 10 using exponential smoothing with a smoothing constant of .9. Select the answer that best matches yours. Note that the forecast in month 1 (2900) was estimated ("picked") and was not derived from the forecasting model This Problem Counts 3 Points 2429 2732 2822 2863 2878 0 2901 Question 37 2 pts What is the Mean Forecast Error for the Macon Commercial Chocolate forecasting model. Round to the nearest 1/100 of a point (example 15.66). This Problem Counts 2 PointsStep by Step Solution
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