mgt613 gdb last date 8 nov 2010

[muhammaddewan]

Question: Given the weekly demand data, what are the exponential smoothing forecasts for periods 2-05 using a=0.10?



Week
Demand
0.1

1
980


2
825


3
760


4
650


5





Note: Calculation along with the formula is required for each period's forecast. Students who give answers without calculation will be given low marks/no marks.

week demand 0.10
1 980 980
2 825 980
3 760 964.5
4 650 944.05
5 914.645