Use Solver to Determine the Alpha That Minimizes the MAD

question 72

Multiple Choice

Use Solver to determine the alpha that minimizes the MAD for the exponential smoothing forecast for the data that appear in this table.Use the actual demand of period 1 as the forecast for period 2 and then use the forecasts for periods 2 through 9 to calculate MAD. $$\begin{array} { | c | c | } \hline \text { Period } & \text { Demand } \\\hline 1 & 272 \\\hline 2 & 278 \\\hline 3 & 269 \\\hline 4 & 280 \\\hline 5 & 267 \\\hline 6 & 258 \\\hline 7 & 278 \\\hline 8 & 298 \\\hline 9 & 286 \\\hline 10 & 290 \\\hline\end{array}$$

• A)0.36
• B)0.43
• C)0.54
• D)0.62

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Definitions:

Timbre

The quality of a musical note or sound that distinguishes different types of sound production, such as voices or musical instruments.

Brightness

The perception of how light or dark an object appears, influenced by the intensity of light it reflects or emits.

Loudness

A perceptual measure of the strength or intensity of a sound, usually measured in decibels, experienced by the listener.

Subtractive Colour Mixing

A process by which colors are produced, typically involving the mixing of colored pigments, where wavelengths are absorbed (subtracted), and the resulting color is a combination of the remaining wavelengths reflected.