Question
The forecast for January 2020 is < Develop an exponential smoothing forecast (a=0.4) for February 2019 through January 2020. Assume that your forecast for January
The forecast for January 2020 is < Develop an exponential smoothing forecast (a=0.4) for February 2019 through January 2020. Assume that your forecast for January 2019 was 70. Calculate the MFE, MAD, and MAPE values for February through December 2019. Click the icon to view the time series data. Find an exponential smoothing forecast for each period and fill-in the table below (enter your responses rounded to one decimal place). Month January 2019 February March
The MFE is (Enter your response rounded to one decimal place.) (Enter your response rounded to one decimal place and include a minus sign if necessary.) (Enter your response rounded to one decimal place.) The MAPE is%. (Enter your response rounded to one decimal place.) The MAD is April May June July August September October November December Demand 125 77 115 75 101 127 110 105 81 94 95 86 This quiz: 13 point(s) possible This question: 1 point(s) possible Forecast 70 More Info Month January 2019 February March April May June July August September October November December Print Demand 125 77 115 75 101 127 110 105 81 94 95 86
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