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The manager of a trendy downtown cafe In Columbus, Ohio, collects weekly data on the number of customers It serves. A portion of the data
The manager of a trendy downtown cafe In Columbus, Ohio, collects weekly data on the number of customers It serves. A portion of the data is shown in the accompanying table. Meek Customers 1 197.9 2 1057 52 1488 a. Use the simple exponential smoothing technique with CI = 0.2 to make a forecast for Week 53. (Do not round intermediate calculations. Round final answer to 2 decimal places.) II: b. Use the simple exponential smoothing technique with ct = 0.4 to make a forecast for Week 53. (Do not round intermediate calculations. Round final answer to 2 decimal places.) E: c-1. Which Is the preferred technique for making the forecast based on MSE, MAD. and MAPE'? (Do not round intermediate calculations. Round final answers to 2 decimal places.) 'I'bcl'll'llquc USE m RAPE (96) a = 0.2 a = 0.4 c-2. Which is the preferred technique for making the forecast? " milhaalha _outa[3parforma1oemaastlas. (Smallest or largest) (1,2,3)
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