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

Question

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

Quizplus · Accepted Answer

The Answer of 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

The Wilson Company Is Interested in Forecasting Demand for Its