Op Man HW 5 Chapters 14 & 18

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Unformatted text preview: answers to 1 decim al place.) Month 4 5 6 7 8 9 10 11 12 Three­Month Weighted Mov ing Av erage 64.3 64.9 69.2 68.9 72.0 73.3 74.8 78.5 82.6 c. Calc ulate the s ingle ex ponential s moothing forec as t for periods 2–12 us ing an initial forec as t (F1) of 65 and an α of 0.40. (Do not round interm ediate calculations. Round your answers to 3 decim al places.) Month 2 3 4 5 6 7 8 9 10 11 12 Single Ex ponential Smoothing Forec as t 63.800 63.480 64.488 64.693 68.016 68.009 70.406 72.243 73.346 76.808 80.485 d. Calc ulate the ex ponential s moothing with trend c omponent forec as t for periods 2–12 us ing an initial trend forec as t (T1) of 1.80, an initial ex ponential s moothing forec as t (F1) of 64, an α of 0.40, and a δ of 0.30. (Do not round interm ediate calculations. Round your answers to 3 decim al places.) Month 2 3 4 5 6 7 8 9 10 11 12 Ex ponential Smoothing with Trend 65.624 65.604 66.839 66.959 70.957 71.000 73.786 76.003 77.213 81.314 85.936 e­1. Calc ulate the mean abs olute dev iation (MAD) for the...
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This note was uploaded on 01/29/2014 for the course MAN 4504 taught by Professor Georgekyparisis during the Fall '09 term at FIU.

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