The Florida Company was flooded by a Hurricane and somehow lostpart of their forecasting data. The missing values in the followingtable must be recalculated from the remaining data. Exponentialsmoothing constant of 0.35 is used for both the forecast andupdated MAD.
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NOTE: All forecast, error, MAD, and TS valuesshould be rounded to the nearest hundredth (two decimal after dot,for example 99.99)
Period | Actual | Forecast | Error | MADt | TSt |
0 | | | | 9.00 | |
1 | 260.00 | 255.00 | 5.00 | | 0.66 |
2 | 270.00 | 256.75 | 13.25 | 9.58 | |
3 | 260.00 | | | | |
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Based on -/+ 4.00 action limits, is the forecasting process undercontrol? (Enter “YES†or “NOâ€) Â
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