A company has been using exponential smoothing with an alpha of .2 to forecast weekly truck sales.Given the data below,would a naive forecast have provided greater accuracy? Explain.Assume an initial exponential forecast of 60 units in period 2 .
11eab92b_c4ad_3862_99e6_b1c0d5c94e26

Question

A company has been using exponential smoothing with an alpha of .2 to forecast weekly truck sales.Given the data below,would a naive forecast have provided greater accuracy? Explain.Assume an initial exponential forecast of 60 units in period 2 .
 11eab92b_c4ad_3862_99e6_b1c0d5c94e26

Quizplus · Accepted Answer

The Answer of A company has been using exponential smoothing with an alpha of .2 to forecast weekly truck sales.Given the data below,would a naive forecast have provided greater accuracy? Explain.Assume an initial exponential forecast of 60 units in period 2 .
 11eab92b_c4ad_3862_99e6_b1c0d5c94e26

A Company Has Been Using Exponential Smoothing with an Alpha