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Mathematics, 05.05.2020 07:28 davidcstro851
1. Calculate the exponentially smoothed forecasts for periods 5 through 7. Use a forecast for period 4 (F4) of 120.0 (average of periods 1 through 3) and an alpha of 0.2. Month Demand Forecast Error 1 120 2 115 3 125 4 120 5 130 6 110 7 120 i. Calculate the mean absolute deviation (MAD) ii. Calculate the cumulative sum of forecast error (CFE)
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1. Calculate the exponentially smoothed forecasts for periods 5 through 7. Use a forecast for period...
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