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  • Problem 2

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    Yusuf Hussein
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    This spreadsheet uses exponential smoothing to forecast demand over 8 periods. It shows the demand values, forecasts, forecast errors, and error analysis metrics. The alpha value used for smoothing is 0.1. The forecast for the next period is 215.2336. Charts are included showing the demand values over time compared to the forecasts.

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    Ass Decision using excel

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    This spreadsheet uses exponential smoothing to forecast demand over 8 periods. It shows the demand values, forecasts, forecast errors, and error analysis metrics. The alpha value used for smoothing is 0.1. The forecast for the next period is 215.2336. Charts are included showing the demand values over time compared to the forecasts.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as xlsx, pdf, or txt
    4 views3 pages

    Problem 2

    Uploaded by

    Yusuf Hussein
    This spreadsheet uses exponential smoothing to forecast demand over 8 periods. It shows the demand values, forecasts, forecast errors, and error analysis metrics. The alpha value used for smoothing is 0.1. The forecast for the next period is 215.2336. Charts are included showing the demand values over time compared to the forecasts.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as xlsx, pdf, or txt
    of 3

    (untitled)

    Abdirahman Abdullahi Ainte


    BBA16-A
    Exponential smoothing

    Forecasting

    This
    This spreadsheet
    spreadsheet was
    was created
    created by
    by either
    either POM,
    POM, QM
    QM or
    or POM-QM
    POM-QM for
    for Windows,
    Windows, V4.
    V4.

    Alpha
    Data
    Period

    0.1
    Demand
    1
    2
    3
    4
    5
    6
    7
    8

    450
    0
    0
    0
    0
    0
    0
    0

    Next period

    215.2336

    Error Analysis
    Forecast Error
    Absolute Squared
    450
    450
    -450
    450
    202500
    405
    -405
    405
    164025
    364.5
    -364.5
    364.5 132860.2
    328.05
    -328.05
    328.05 107616.8
    295.245 -295.245 295.245 87169.61
    265.7205 -265.7205 265.7205 70607.38
    239.1484 -239.1484 239.1484 57191.98
    Total -2347.664 2347.664
    821971
    Average -335.3806 335.3806 117424.4
    Bias
    MAD
    MSE
    SE 405.4556

    4.
    4.

    Forecasting
    600

    |% Error|
    #DIV/0!
    #DIV/0!
    #DIV/0!
    #DIV/0!
    #DIV/0!
    #DIV/0!
    #DIV/0!
    #DIV/0!
    #DIV/0!
    MAPE

    400

    Dem

    Value 200

    Forec

    0
    1

    Time

    asting
    Demand
    Forecast
    5

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