University | The Royal Melbourne Institute of Technology (RMIT) |
Subject | OMGT2228: Operations Management |
Q1. Correct forecasts using exponential smoothing based on best value of alpha and correct calculation of MAD, MSE and MAPE
Q2. Explain about what the chosen value for alpha means
Q3a. Which method do you recommend and why?
Q3b. Forecast for required periods (151, 152, 153 and 154)
Q4. Correct analysis and equations related to the interest rate and the employment and Identify which variable has stronger impact and explain why.
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