mat 540 week 4 home work

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Question description

 The manager of the Petroco Service Station wants to forecast the demand for unleaded gasoline next month so that the proper number of gallons can be ordered from the distributor. The owner has accumulated the following data on demand for unleaded gasoline from sales during the past 10 months: Month Gasoline Demanded (gal.) October 800 November 725 December 600 January 500 February 625 March 690 April 810 May 935 June 1,200 July 1,1002 of 4 a. Compute an exponentially smoothed forecast, using an α value of 0.30 Compute the MAPD.

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