11-11 - 105.448 17.70 Average 8.981 82.442 16.55 Alpha 0.2 MAD MSE MAPE Next period 49.785 Absolute error Squared error Absolute error Enter the

Info iconThis preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
Solved Problem 11-1 Forecasting Exponential smoothing Input Data Forecast Error Analysis Period Actual value Forecast Error Year 1 45 42.000 Year 2 50 42.600 7.400 7.400 54.760 14.80% Year 3 52 44.080 7.920 7.920 62.726 15.23% Year 4 56 45.664 10.336 10.336 106.833 18.46% Year 5 58 47.731 10.269 10.269
Background image of page 1
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: 105.448 17.70% Average 8.981 82.442 16.55% Alpha 0.2 MAD MSE MAPE Next period 49.785 Absolute error Squared error Absolute % error Enter the data in the cells shaded YELLOW. Enter the data in the cells shaded YELLOW....
View Full Document

This note was uploaded on 12/10/2011 for the course INSY 4508 taught by Professor Graham during the Spring '10 term at Bentley.

Ask a homework question - tutors are online