Passenger miles flown on Northeast Airlines, a commuter firm serving the Boston hub, are as follows for...
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Passenger miles flown on Northeast Airlines, a commuter firmserving the Boston hub, are as
follows for the past 12 weeks:
WEEK ACTUAL PASSENGER MILES (1,000S)
1 Â Â Â Â Â Â Â Â Â Â 17
2 Â Â Â Â Â Â Â Â Â Â 21
3 Â Â Â Â Â Â Â Â Â Â 19
4 Â Â Â Â Â Â Â Â Â Â 23
5 Â Â Â Â Â Â Â Â Â Â 18
6 Â Â Â Â Â Â Â Â Â Â 16
7 Â Â Â Â Â Â Â Â Â Â 20
8 Â Â Â Â Â Â Â Â Â Â 18
9 Â Â Â Â Â Â Â Â Â Â 22
10 Â Â Â Â Â Â Â 20
11 Â Â Â Â Â Â Â 15
12 Â Â Â Â Â Â Â 22
Assuming an initial forecast for week 1 of 17,000 miles, useexponential smoothing to
compute miles for weeks 2 through 12. Use α = 0.2.
What is the MAD for this model?
Compute the RSFE and tracking signals. Are they withinacceptable limits?
PLEASE ANSWER THE RSFE question Thank you
Passenger miles flown on Northeast Airlines, a commuter firmserving the Boston hub, are as
follows for the past 12 weeks:
WEEK ACTUAL PASSENGER MILES (1,000S)
1 Â Â Â Â Â Â Â Â Â Â 17
2 Â Â Â Â Â Â Â Â Â Â 21
3 Â Â Â Â Â Â Â Â Â Â 19
4 Â Â Â Â Â Â Â Â Â Â 23
5 Â Â Â Â Â Â Â Â Â Â 18
6 Â Â Â Â Â Â Â Â Â Â 16
7 Â Â Â Â Â Â Â Â Â Â 20
8 Â Â Â Â Â Â Â Â Â Â 18
9 Â Â Â Â Â Â Â Â Â Â 22
10 Â Â Â Â Â Â Â 20
11 Â Â Â Â Â Â Â 15
12 Â Â Â Â Â Â Â 22
Assuming an initial forecast for week 1 of 17,000 miles, useexponential smoothing to
compute miles for weeks 2 through 12. Use α = 0.2.
What is the MAD for this model?
Compute the RSFE and tracking signals. Are they withinacceptable limits?
PLEASE ANSWER THE RSFE question Thank you
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