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Sales of Volkswagen's popular Beetle have grown steadily at auto dealerships in Nevada during the past 5 years (see table below). Using exponential smoothing with a smoothing constant (a) of 0.30 and a starting forecast of 415.00, the following sales forecast has been developed: Forecasted Sales Year Sales 2005 455 415.00 2006 510 427.00 2007 516 451.90 2008 570 471.13 2009 585 500.79 The MAD for a forecast developed using exponential smoothing with a = 0.30 is 74.04` sales (round your response to two decimal places). Forecasted sales for years 2006 through 2010 using exponential smoothing with a = 0.60 and a starting forecast of 415.00 are (round your responses to two decimal places): Year 2005 2006 2007 2008 2009 2010 Forecasted Sales 415.00 439 481.6 502.24 542.9 568.12 The MAD for a forecast developed using exponential smoothing with a = 0.60 is 51.05 sales (round your response to two decimal places). Forecasted sales for years 2006 through 2010 using exponential smoothing with a = 0.90 and a starting forecast of 415.00 are (round your responses to two decimal places): Year 2005 2006 2007 2008 2009 2010 Forecasted Sales 415.00

Sales of Volkswagen's popular Beetle have grown steadily at auto dealerships in Nevada during the past 5 years (see table below). Using exponential smoothing with a smoothing constant (a) of 0.30 and a starting forecast of 415.00, the following sales forecast has been developed: Forecasted Sales Year Sales 2005 455 415.00 2006 510 427.00 2007 516 451.90 2008 570 471.13 2009 585 500.79 The MAD for a forecast developed using exponential smoothing with a = 0.30 is 74.04` sales (round your response to two decimal places). Forecasted sales for years 2006 through 2010 using exponential smoothing with a = 0.60 and a starting forecast of 415.00 are (round your responses to two decimal places): Year 2005 2006 2007 2008 2009 2010 Forecasted Sales 415.00 439 481.6 502.24 542.9 568.12 The MAD for a forecast developed using exponential smoothing with a = 0.60 is 51.05 sales (round your response to two decimal places). Forecasted sales for years 2006 through 2010 using exponential smoothing with a = 0.90 and a starting forecast of 415.00 are (round your responses to two decimal places): Year 2005 2006 2007 2008 2009 2010 Forecasted Sales 415.00

Practical Management Science
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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Sales of Volkswagen's popular Beetle have grown steadily at auto dealerships in Nevada during the past 5 years (see table below). Using exponential smoothing with a smoothing constant (a) of 0.30 and a starting forecast of 415.00, the following sales forecast has been developed: Forecasted Year Sales Sales 2005 455 415.00 2006 510 427.00 2007 516 451.90 2008 570 471.13 2009 585 500.79 The MAD for a forecast developed using exponential smoothing with a = 0.30 is 74.04 sales (round your response to two decimal places). Forecasted sales for years 2006 through 2010 using exponential smoothing with a = 0.60 and a starting forecast of 415.00 are (round your responses to two decimal places): Year 2005 2006 2007 2008 2009 2010 Forecasted Sales 415.00 439 481.6 502.24 542.9 568.12 The MAD for a forecast developed using exponential smoothing with a = 0.60 is 51.05 sales (round your response to two decimal places). Forecasted sales for years 2006 through 2010 using exponential smoothing with a = 0.90 and a starting forecast of 415.00 are (round your responses to two decimal places): Year 2005 2006 2007 2008 2009 2010 Forecasted Sales 415.00
Transcribed Image Text:Sales of Volkswagen's popular Beetle have grown steadily at auto dealerships in Nevada during the past 5 years (see table below). Using exponential smoothing with a smoothing constant (a) of 0.30 and a starting forecast of 415.00, the following sales forecast has been developed: Forecasted Year Sales Sales 2005 455 415.00 2006 510 427.00 2007 516 451.90 2008 570 471.13 2009 585 500.79 The MAD for a forecast developed using exponential smoothing with a = 0.30 is 74.04 sales (round your response to two decimal places). Forecasted sales for years 2006 through 2010 using exponential smoothing with a = 0.60 and a starting forecast of 415.00 are (round your responses to two decimal places): Year 2005 2006 2007 2008 2009 2010 Forecasted Sales 415.00 439 481.6 502.24 542.9 568.12 The MAD for a forecast developed using exponential smoothing with a = 0.60 is 51.05 sales (round your response to two decimal places). Forecasted sales for years 2006 through 2010 using exponential smoothing with a = 0.90 and a starting forecast of 415.00 are (round your responses to two decimal places): Year 2005 2006 2007 2008 2009 2010 Forecasted Sales 415.00
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