Homework Answers
SOLUTION:-
Part - B).
Forecasted meals for the upcoming four weeks:
Alpha Dt + (1 - Alpha) Ft where, Dt is Actual demand of last week and Ft is Forecast for Last week.
Alpha = 0.1, (1 - Alpha) = 0.9
Week 13:0.1- 93 + 0.9 108 = 106.5
Week 14:0.1- 101 + 0.9 106.5 = 105.95
Week 15:0.1- 119 + 0.9 105.95 = 107.26
Week 16:0.1- 106 + 0.9 107.26 = 107.13
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Answer part ( B )
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