The ollowing 12 periods of actual demand are to be used to produce a double exponential smoothin forecast or period 13. Use a smoothing constant α e 10 se 70 as the inna al to orecast values ll Click...
This Question: 1 pt 15 of 111 (14 complete) Use the following 12 periods of demand to produce a double exponential smoothing forecast for period 13. Use a smoothing constant, a, equal to 0.30. Use 508 as the initial forecast values. Click the icon to view the demand for the previous 12 periods. Complete the table below for a double exponential smoothing forecast (enter your responses rounded to one decimal place). Period at FD (DES) 558 OOOOOOOOOOL 893 819 854...
Bradley's Copiers sells and repairs photocopy machines. The manager needs weekly forecasts of service calls so that he can schedule service personnel. Use the actual demand in the first period for the forecast for the first week so error measurement begins in the second week. The manager uses exponential smoothing with α- 0.4. Forecast the number of calls for week 6, which is next week. Week Actual Service Calls 28 34 3 38 4 23 25 5 The forecast for...