Tuesday, April 26, 2011

(Attock VU Group) MGT613 GDB Solution

Question: Given the weekly demand data, what are the exponential smoothing forecasts for periods
2-05 using a=0.10?    Marks 20

 

Week

Demand

0.1

1

860

 

2

730

 

3

690

 

4

610

 

5

 

 

 

Note: Calculation along with the formula is required for each period's forecast. Students who give answers without calculation will be given low marks/no marks.

 

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