Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Week Demand Moving Average abs err % err 1 2750 2 3100 3 3250 4 3300 5 2900 6 3050 7 3300 8 3100 9

Week Demand Moving Average abs err % err
1 2750
2 3100
3 3250
4 3300
5 2900
6 3050
7 3300
8 3100
9 2950
10 3000
11 3200
12 3220
13
Week Demand Exponential abs % err
1 2750
2 3100
3 3250
4 3300
5 2900
6 3050
7 3300
8 3100
9 2950
10 3000
11 3200
12 3220
a) Compute a moving average that uses the past two actual demand values to predict the next week
b) Show the Demand and the Forecast on the same graph
c) Compute the MAPE for this forecast
I
d) Comlute an Exponentially Smoothed forecast in the second part, using that alpha value in G5
e) Show the Demand and the Forecast on the same graph
f) Compute the MAPE for this forecast
g) Which forecast technique is better if Alpha = 0.1?

I want to know BLANKS' answers

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

Trigonometry (Subscription)

Authors: Mark Dugopolski

5th Edition

0135207487, 9780135207482

More Books

Students also viewed these Mathematics questions

Question

What do you mean by dual mode operation?

Answered: 1 week ago

Question

Explain the difference between `==` and `===` in JavaScript.

Answered: 1 week ago