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The following data are available for the demand for a piece that is manufactured

ID: 2909719 • Letter: T

Question

The following data are available for the demand for a piece that is manufactured as a part of a larger product.

                        Week              Demand
                           1                        10
                           2                        13
                           3                        12
                           4                        11
                           5                        17
                           6                        15
                           7                        13
                           8                        12

The following data are available for the demand for a piece that is manufactured as a part of a larger product.

                        Week              Demand
                           1                        10
                           2                        13
                           3                        12
                           4                        11
                           5                        17
                           6                        15
                           7                        13
                           8                        12

Using the same values for alpha and the seed, 12.40, the exponentially smoothed Forecast for Week 9, to two decimal places, is:

Explanation / Answer

Here is the exponentialsmoothed forecast is

the exponentially smoothed Forecast for Week 9, to two decimal places, is = 12.29

week Demand 4MA 1 10 10 2 13 10 3 12 12.4 4 11 12.08 5 17 11.216 6 15 15.8432 7 13 15.16864 8 12 13.43373 9 12.28675
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