Unformatted text preview: as the actual. F(5) = 120 + 0.2 (120 – 120) = 120 F(6) = 120 + 0.2 (100 – 120) = 116 (d) Compute the exponentially weighted forecast for period 8 assuming alpha equals 0.2 and the forecast for period 5 is 110 F(6) = 110 + 0.2(100 – 110) = 108 F(7) = 108 + 0.2(97 – 108 = 105.8 F(8) = 105.8 + 0.2(112 – 105.8) = 107.04...
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 Winter '10
 Verma
 Periodic Table, Period, Harshad number, Group 4 element, Average Forecast, exponentially weighted forecast

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