Demand for your product has been increasing, so you want to factor a trend in your forecasts. The level is estimated in period 34 at F34 = 5,400, and the trend is estimated at T34 = 70. These give you FIT34 = 5,470. Actual demand in period 34 is 5,525. Update the level (F) trend (T) and FIT terms for period 35, using alpha = 0.3, and delta = 0.25. Fill in your answers to the following in the provided text box. Make sure to label your answers appropriately. Level (F): Trend (T): FIT:
Demand for your product has been increasing, so you want to factor a trend in your forecasts. The level is estimated in period 34 at F34 = 5,400, and the trend is estimated at T34 = 70. These give you FIT34 = 5,470. Actual demand in period 34 is 5,525. Update the level (F) trend (T) and FIT terms for period 35, using alpha = 0.3, and delta = 0.25. Fill in your answers to the following in the provided text box. Make sure to label your answers appropriately. Level (F): Trend (T): FIT:
Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter7: Analytic Trigonometry
Section7.6: The Inverse Trigonometric Functions
Problem 93E
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Demand for your product has been increasing, so you want to factor a trend in your forecasts. The level is estimated in period 34 at F34 = 5,400, and the trend is estimated at T34 = 70. These give you FIT34 = 5,470. Actual demand in period 34 is 5,525. Update the level (F) trend (T) and FIT terms for period 35, using alpha = 0.3, and delta = 0.25.
Fill in your answers to the following in the provided text box. Make sure to label your answers appropriately.
- Level (F):
- Trend (T):
- FIT:
- What is the FIT for period 37? You can make an estimate without knowing actual demands in periods 35 and 36.
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