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    Exam 3: Demand Forecasting
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    Consider the Data Below
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Consider the Data Below

Question 115

Question 115

Essay

Consider the data below:
Consider the data below:    (i)Determine a naive forecast for period 14. (ii)Using exponential smoothing with a = .2,and F 12 = 80,what would the forecast for period 14 be? (i)Determine a naive forecast for period 14.
(ii)Using exponential smoothing with a = .2,and F 12 = 80,what would the forecast for period 14 be?

Correct Answer:

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(i)Naive: 82 (Since ...

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