Answer : A. 0.10
Explanation : The 0.10 value of alpha in the exponential smoothing causes other values such MAD etc to change leading to slower the forecasting errors.
which of the following values of alpha would cause exponential smoothing to respond the slowest to...
Which of the following values of the exponential smoothing constant would emphasize the most recent forecast? A. 1 B. 0 C. 2.0 D. cannot be determined from the information provided
The greek letter α ("alpha") in the The greek letter α ("alpha") in the exponential smoothing formula can be any value between -10 and 10 O True O False References True / False The greek letter a ("alpha' in the.. Required information 1000 points "Ft" stands for which thing? "Ft" stands for which thing? O ecast for period t ie output for period t O ecast for period 1-1 。ae response for period t-1 Exponential smoothing takes which.. Exponential smoothing...
A) for the following demand data, use exponential smoothing with alpha = .02 to calculate for perieod 7 assume forecast for period #1 was 7.0 B) Calculate the MAD error for periods 1-6 for your forecast period demand 1 10 2 8 3 7 4 10 5 12 6 9
Question 11 (10 points) a) For the following demand data, use exponential smoothing with alpha = 0.2 to calculate a forecast for period 7. Assume the forecast for period #1 was 7.0. b) Calculate the MAD error for periods 1-6 for your forecast Period Demand 1 10
In Excel, create a forecast for periods 6-13 using the following method: Exponential smoothing (alpha = 0.23 and the forecast for period 5 = 53); With exponential smoothing, the forecast for period 13 will be: Period Data 1 45 2 52 3 48 4 59 5 55 6 55 7 64 8 58 9 73 10 66 11 69 12 74 Thank you :)
Which of the following is not a forecasting method? a)Exponential smoothing b)Naive Method c)Exponential smoothing with trend d)Weightage average e)Index torecasting
Please help in answering the following: 1. Exponential smoothing methods are sensitive to initial values for base, trend, or seasonal coefficients. It is very important to choose good starting values. True False 2. When using a moving average forecast, the last forecast that can be created using historical demand data is used for all future forecasts. True False 3. Which of the following demand patterns would you expect to see at your local gas station Seasonality Variability All of these...
Predict Inc., is using a simple exponential smoothing model to forecast their monthly sales but they are not sure of the best alpha value to use. They ran some computerized forecasts with different alpha values and reported the following. What alpha value should they use? alpha 0.15 0.20 0.25 0.30 0.35 0.40 0.45 0.50 MAD 18.4 14.7 13.2 16.2 15.3 11.7 10.2 12.5 Group of answer choices 0.45 0.15 0.2 0.35 0.5
Which of the following exponential smoothing constant values puts the same weight on the most recent time series value as does a 3-period moving average? a. .2 b. .25 c. .75 d. .8
Which of the following is a factor in the decision to use exponential smoothing rather than moving-average smoothing to forecast a given time series? Forecast horizon. Expertise of the forecast manager. Amount of data available. None of the options are correct.