Use the following information to compute a single exponential smoothing model forecast with a smoothing constant (a=0.30) to produce a forecast for period 10. (Note: a, is the actual demand for the period.) Use 115 as the initial forecast. Click the icon to view the demand for the previous 9 periods. Fill-in the table below for a single exponential smoothing forecast (enter your responses rounded to one decimal place). Period F₁(SES) 1 2 3 4 5 6 7 8 9 at 115 117 182 133 107 96 177 176 144 The forecast for period 10 is (Enter your response rounded to one decimal place.)
Use the following information to compute a single exponential smoothing model forecast with a smoothing constant (a=0.30) to produce a forecast for period 10. (Note: a, is the actual demand for the period.) Use 115 as the initial forecast. Click the icon to view the demand for the previous 9 periods. Fill-in the table below for a single exponential smoothing forecast (enter your responses rounded to one decimal place). Period F₁(SES) 1 2 3 4 5 6 7 8 9 at 115 117 182 133 107 96 177 176 144 The forecast for period 10 is (Enter your response rounded to one decimal place.)
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 27P: The file P13_27.xlsx contains yearly data on the proportion of Americans under the age of 18 living...
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![Use the following information to compute a single exponential smoothing model forecast with a smoothing constant (α = 0.30) to produce
the actual demand for the period.) Use 115 as the initial forecast.
Click the icon to view the demand for the previous 9 periods.
Fill-in the table below for a single exponential smoothing forecast (enter your responses rounded to one decimal place).
Period
F(SES)
1
2
3
4
5
6
7
8
9
The forecast for period 10 is
Period
1
115
117
182
23456789
133
107
96
177
176
(Enter your response rounded to one decimal place.)
144
U
at
115
117
182
133
107
96
177
176
144
forecast for period 10. (Note: a, is](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fc629d7d6-8d95-4282-b414-7e4d635bf832%2Feaf753eb-0639-49ca-b156-2f270de7043e%2Fl1x9mob_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Use the following information to compute a single exponential smoothing model forecast with a smoothing constant (α = 0.30) to produce
the actual demand for the period.) Use 115 as the initial forecast.
Click the icon to view the demand for the previous 9 periods.
Fill-in the table below for a single exponential smoothing forecast (enter your responses rounded to one decimal place).
Period
F(SES)
1
2
3
4
5
6
7
8
9
The forecast for period 10 is
Period
1
115
117
182
23456789
133
107
96
177
176
(Enter your response rounded to one decimal place.)
144
U
at
115
117
182
133
107
96
177
176
144
forecast for period 10. (Note: a, is
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