Sales of tablet computers at Ted Glickman's electronics store in Washington, D.C., over the past 10 weeks are shown in the table below: Week 2 4 6 7 8 9 10 Demand 19 21 28 36 26 28 35 22 24 30 a) The forecast for weeks 2 through 10 using exponential smoothing with a = 0.50 and a week 1 initial forecast of 19.0 are (round your responses to two decimal places): Week 2 3 4 7 8 9 10 Demand 19 21 28 36 26 28 35 22 24 30 Forecast 19.0 19.00 20.00 24.00 30.00 28.00 28.00 31.50 26.75 25.38 b) For the forecast developed using exponential smoothing (a = 0.50 and initial forecast 19.0), the MAD = 4.99 sales (round your response to two decimal places). c) For the forecast developed using exponential smoothing (a = 0.50 and initial forecast 19.0), the tracking signal = (round your response to two decimal places).

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter13: Regression And Forecasting Models
Section13.7: Exponential Smoothing Models
Problem 26P: The file P13_26.xlsx contains the monthly number of airline tickets sold by the CareFree Travel...
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Sales of tablet computers at Ted Glickman's electronics store in Washington, D.C., over the past 10 weeks are shown in the table below:
Week
1
4
6.
7
8
9
10
Demand
19
21
28
36
26
28
35
22
24
30
a) The forecast for weeks 2 through 10 using exponential smoothing with a = 0.50 and a week 1 initial forecast of 19.0 are (round your responses to two decimal places):
Week
1
2
3
4
5
7
8
9.
10
Demand
19
21
28
36
26
28
35
22
24
30
Forecast
19.0 19.00 20.00 24.00 30.00 28.00 28.00 31.50 26.75 25.38
b) For the forecast developed using exponential smoothing (a = 0.50 and initial forecast 19.0), the MAD = 4.99 sales (round your response to two decimal places).
c) For the forecast developed using exponential smoothing (a = 0.50 and initial forecast 19.0), the tracking signal = (round your response to two decimal places).
Transcribed Image Text:Sales of tablet computers at Ted Glickman's electronics store in Washington, D.C., over the past 10 weeks are shown in the table below: Week 1 4 6. 7 8 9 10 Demand 19 21 28 36 26 28 35 22 24 30 a) The forecast for weeks 2 through 10 using exponential smoothing with a = 0.50 and a week 1 initial forecast of 19.0 are (round your responses to two decimal places): Week 1 2 3 4 5 7 8 9. 10 Demand 19 21 28 36 26 28 35 22 24 30 Forecast 19.0 19.00 20.00 24.00 30.00 28.00 28.00 31.50 26.75 25.38 b) For the forecast developed using exponential smoothing (a = 0.50 and initial forecast 19.0), the MAD = 4.99 sales (round your response to two decimal places). c) For the forecast developed using exponential smoothing (a = 0.50 and initial forecast 19.0), the tracking signal = (round your response to two decimal places).
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