MGT613 GDB No. 1 solution-2

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Total Marks 

20 Starting Date
Thursday, November 04, 2010 Closing Date
Monday, November 08, 2010 Status Open Question/Description

Question: Given the weekly demand data, what are the exponential smoothing forecasts for periods 2-05 using a=0.10?
Week Demand 0.1 1 980 2 825 3 760 4 650 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.