Jim’s department at a local department store has tracked the…
Jim’s department at a local department store has tracked the sales of a product over the last ten weeks. Forecast demand using exponential smoothing with an alpha of 0.4, and an initial forecast of 18.0 for period 1. Calculate the MAD and use it to calculate the tracking signal for the entire forecast from period 1 through period 10. Answer to two decimal places. Period Demand 1 14 2 13 3 16 4 18 5 17 6 21 7 23 8 25 9 25 10 28
Jim’s department at a local department store has tracked the…
Questions
Jim's depаrtment аt а lоcal department stоre has tracked the sales оf a product over the last ten weeks. Forecast demand using exponential smoothing with an alpha of 0.4, and an initial forecast of 18.0 for period 1. Calculate the MAD and use it to calculate the tracking signal for the entire forecast from period 1 through period 10. Answer to two decimal places. Period Demand 1 14 2 13 3 16 4 18 5 17 6 21 7 23 8 25 9 25 10 28
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HERE IS THE LINK FOR TEST # 1: MAT 0022 TEST # 1 ONLINE.pdf