The Florida Company was flooded by a Hurricane and somehow lost part of their forecasting data....

The Florida Company was flooded by a Hurricane and somehow lost part of their forecasting data. The missing values in the following table must be recalculated from the remaining data. Exponential smoothing constant of 0.35 is used for both the forecast and updated MAD.

NOTE: All forecast, error, MAD, and TS values should be rounded to the nearest hundredth (two decimal after dot, for example 99.99)

Period	Actual	Forecast	Error	MAD_t	TS_t
0				9.00
1	260.00	255.00	5.00		0.66
2	270.00	256.75	13.25	9.58
3	260.00

Based on -/+ 4.00 action limits, is the forecasting process under control? (Enter “YES” or “NO”)

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orchestra answered 1 year ago

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