Solved

The Wilson Company Is Interested in Forecasting Demand for Its

Question 43

Multiple Choice

The Wilson Company is interested in forecasting demand for its XG-667 product for quarter 13 based on 12 quarters of data. The following shows the data and the double exponential smoothing model results for periods 1-12 using alpha = 0.20 and beta = 0.40. The Wilson Company is interested in forecasting demand for its XG-667 product for quarter 13 based on 12 quarters of data. The following shows the data and the double exponential smoothing model results for periods 1-12 using alpha = 0.20 and beta = 0.40.   Based on this information, what is the MAD value for quarters 2-12? A)  About 56.3 B)  Approximately -16.7 C)  Approximately 71.2 D)  About 38.5 Based on this information, what is the MAD value for quarters 2-12?


A) About 56.3
B) Approximately -16.7
C) Approximately 71.2
D) About 38.5

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions