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Introduction to Management Science 12th Edition by Bernard Taylor
Edition 12ISBN: 978-0133778847Introduction to Management Science 12th Edition by Bernard Taylor
Edition 12ISBN: 978-0133778847 Exercise 21
The Victory Plus Mutual Fund of growth stocks has had the following average monthly price for the past 10 months:
Compute the exponentially smoothed forecast with =.40, the adjusted exponential smoothing forecast with =.40 and =.30, and the linear trend line forecast. Compare the accuracy of the three forecasts, using cumulative error and MAD , and indicate which forecast appears to be most accurate.
Compute the exponentially smoothed forecast with =.40, the adjusted exponential smoothing forecast with =.40 and =.30, and the linear trend line forecast. Compare the accuracy of the three forecasts, using cumulative error and MAD , and indicate which forecast appears to be most accurate.Explanation
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Exponentially Smoothed Forecast
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Introduction to Management Science 12th Edition by Bernard Taylor
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