Mathematics Chapter 11 Homework Problem 11-24 Forecasting Exponential Smoothing Input Data

subject Type Homework Help
subject Pages 3
subject Words 136
subject Authors Barry Render, Jr. Ralph M. Stair, Nagraj Balakrishnan

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page-pf1
Forecasting Exponential smoothing
Input Data Forecast Error Analysis
Period
Actual
value
Forecast Error
Absolute
error
Squared
error
Absolute
% error
Week 1 21 22.000
Week 2 25 21.700 3.300 3.300 10.890 13.20%
Week 3 23 22.690 0.310 0.310 0.096 1.35%
Problem 11-24
page-pf2
Forecasting Exponential smoothing
Input Data Forecast Error Analysis
Period
Actual
value
Forecast Error
Absolute
error
Squared
error
Absolute
% error
Week 1 21 22.000
Week 2 25 21.400 3.600 3.600 12.960 14.40%
Week 3 23 23.560 -0.560 0.560 0.314 2.43%
Problem 11-24
page-pf3
Forecasting Exponential smoothing
Input Data Forecast Error Analysis
Period
Actual
value
Forecast Error
Absolute
error
Squared
error
Absolute
% error
Week 1 21 22.000
Week 2 25 21.200 3.800 3.800 14.440 15.20%
Problem 11-24

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