Op Man HW 5 Chapters 14 & 18

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Unformatted text preview: 56 1.581 1.226 1.586 1.732 1.611 2.186 2.748 66.839 66.959 70.957 71.000 73.786 76.003 77.213 81.314 85.936 Abs olute Dev iation 1.839 6.041 2.957 3.000 1.214 1.003 4.787 4.686 0.936 2.940 Bas ed upon MAD, the ex ponential s moothing with trend forec as t c omponent appears to be the bes t method. http://e z to.mhe c loud.mc gr a w- hill.c om/hm.tpx? todo= pr intvie w 6/10 1/29/2014 5. Assignme nt Pr int Vie w awar d: 0.50 out of 0.50 points Problem 18-6 The following tabulations are ac tual s ales of units for s ix months and a s tarting forec as t in J anuary . J anuary February Marc h April May J une ACTUAL FORECAST 104 84 100 123 92 79 100 a. Calc ulate forec as ts for the remaining fiv e months us ing s imple ex ponential s moothing with α = 0.3. February Marc h April May J une Forec as ts 90 93 102 99 93 b. Calc ulate the MAD for all the forec as ts , inc luding J anuary 's . (Round your answer to 1 decim al place.) MA D 16.2 Worksheet Problem 18­6 Learning Objective: 18­02 Evaluate demand using quantitative...
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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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