Scribd Logo
Upload

Welcome to Scribd!

  • Period Orders Man 3 Error Es 0.2 Es 0.5

    Uploaded by

    Vishwas Krishna Murthy
    3 views1 page
    This document contains 11 periods of order data for a manufacturing company, with orders ranging from 58 to 128. It also contains the calculations for two exponential smoothing forecasts with different damping factors (α = 0.2 and α = 0.5), which are methods to smooth historic data and forecast future demand trends. The exponential smoothing forecasts help reduce error from the actual orders by 27 to 45 for the periods shown in the table.

    Original Description:

    Original Title

    smoothing_methods.xlsx

    Copyright

    © © All Rights Reserved

    Available Formats

    XLSX, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Report this Document
    This document contains 11 periods of order data for a manufacturing company, with orders ranging from 58 to 128. It also contains the calculations for two exponential smoothing forecasts with different damping factors (α = 0.2 and α = 0.5), which are methods to smooth historic data and forecast future demand trends. The exponential smoothing forecasts help reduce error from the actual orders by 27 to 45 for the periods shown in the table.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    3 views1 page

    Period Orders Man 3 Error Es 0.2 Es 0.5

    Uploaded by

    Vishwas Krishna Murthy
    This document contains 11 periods of order data for a manufacturing company, with orders ranging from 58 to 128. It also contains the calculations for two exponential smoothing forecasts with different damping factors (α = 0.2 and α = 0.5), which are methods to smooth historic data and forecast future demand trends. The exponential smoothing forecasts help reduce error from the actual orders by 27 to 45 for the periods shown in the table.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    Period

    1
    2
    3
    4
    5
    6
    7
    8
    9
    10
    11

    Orders
    man=3
    122
    91
    100
    77
    104
    115
    89
    58
    97
    75
    83
    128
    83
    111
    87
    88
    105
    109
    MAD

    error

    27
    26
    39
    8
    45
    24
    17
    27

    man
    moving average number
    es
    exponential smoothing
    damping fahow much weightage for previous factor
    alpha
    weightage of the actual factor

    es=0.2

    es=0.5
    122
    116
    113
    106
    107
    98
    93
    100
    102
    99

    122
    107
    108
    95
    110
    83
    86
    111
    106
    95

    You might also like