Question

Year Demand 5 years ago 900 4 years ago 700 3 years ago 600 2 years...

Year Demand
5 years ago 900
4 years ago 700
3 years ago 600
2 years ago 500
last year 300

9. What is the MAE for the exponential smoothing with alpha = .4?

A. 64320
B. 198
C. 249
D. 247.8
E. None of the choices

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Answer #1
for exponential smoothing: next period forecast =previous period actual*alpha+(1-alpha)*previous period forecast
week value forecast error
1 900
2 700 900.000 200.000
3 600 820.000 220.000
4 500 732.000 232.000
5 300 639.200 339.200
total 991.200
average 247.800
MAE

option D is correct

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