Question

# 1. The business analyst for Video Sales, Inc. wants to forecast this year's demand for DVD...

1. The business analyst for Video Sales, Inc. wants to forecast this year's demand for DVD decoders based on the following historical data: Year Demand 5 years ago 900 4 years ago 700 3 years ago 600 2 years ago 500 Last year 300 8. What is the forecast for this year using exponential smoothing with alpha = .4?

 Year Demand 5 years ago 900 4 years ago 700 3 years ago 600 2 years ago 500 Last year 300

A. 163

B. 180

C. 300

D. 504

E. None of the choices

2. What is the MAE for the exponential smoothing with alpha = .4?

A. 64320
B. 198
C. 249
D. 247.8
E. None of the choices

so, forecast for this year = 503.52 ≈ 504

b) MAE=   Σ |et|/n = 991.20/4 =   247.80

#### Earn Coins

Coins can be redeemed for fabulous gifts.

##### Need Online Homework Help?

Most questions answered within 1 hours.

##### Active Questions
• 1)  Consider the following temperature surroundings. Ground level, 21oC; 500m, 20oC; 600m, 19oC; 1000m, 20oC. If we...
• 1. An AA iron-nickel battery delivers a constant current of 750 mA at 1.2 V (a)Calculate...
• In the process of recrystallization, after dissolving the product in hot methanol, why do we have...
• Finish buildFloat(): It does three things: Given exponent it computes exponentPattern. If exponent is less than...
• A chemist has two large containers of sulfuric acid solution, with different concentrations of acid in...
• Training Goal: Based on Enterprise business strategy and goals develop several training goals based on your...