Lenovo uses the ZX-81 chip in some of its laptop computers. The prices for the chip during the last 12 months were as follows: Month Price Per Chip Month Price Per Chip $1.90 $1.61 $1.80 January February July August September October $1.83 March $1.60 $1.60 Аpril May $1.85 $1.57 $1.62 $1.75 $1.90 November June $1.95 December This exercise contains only part d. With a = 0.1 and the initial forecast for October of $1.83, using exponential smoothing, the forecast for periods 11 and 12 is (round your responses to two decimal places): Month Oct Nov Dec Forecast $1.83 Nith a = 0.3 and the initial forecast for October of $1.77, using exponential smoothing, the forecast for periods 11 and 12 is (round your responses to two decimal places):

Algebra: Structure And Method, Book 1
(REV)00th Edition
ISBN:9780395977224
Author:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Publisher:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Chapter2: Working With Real Numbers
Section2.3: Rules For Addition
Problem 9P
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Lenovo uses the ZX-81 chip in some of its laptop computers. The prices for the chip during the last 12 months were as follows:
Month
Price Per Chip
Month
Price Per Chip
$1.90
$1.61
$1.80
$1.83
January
July
August
September
February
March
$1.60
$1.60
April
$1.85
October
$1.57
Мay
$1.90
November
$1.62
June
$1.95
December
$1.75
This exercise contains only part d.
With a = 0.1 and the initial forecast for October of $1.83, using exponential smoothing, the forecast for periods 11 and 12 is (round your responses to two decimal places):
Month
Oct
Nov
Dec
Forecast
$1.83
With a = 0.3 and the initial forecast for October of $1.77, using exponential smoothing, the forecast for periods 11 and 12 is (round your responses to two decimal places):
Month
Oct
Nov
Dec
Forecast
$1.77
With a = 0.5 and the initial forecast for October of $1.72, using exponential smoothing, the forecast for periods 11 and 12 is (round your responses to two decimal places):
Month
Oct
Nov
Dec
Forecast
$1.72
Enter your answer in each of the answer boxes.
Transcribed Image Text:Lenovo uses the ZX-81 chip in some of its laptop computers. The prices for the chip during the last 12 months were as follows: Month Price Per Chip Month Price Per Chip $1.90 $1.61 $1.80 $1.83 January July August September February March $1.60 $1.60 April $1.85 October $1.57 Мay $1.90 November $1.62 June $1.95 December $1.75 This exercise contains only part d. With a = 0.1 and the initial forecast for October of $1.83, using exponential smoothing, the forecast for periods 11 and 12 is (round your responses to two decimal places): Month Oct Nov Dec Forecast $1.83 With a = 0.3 and the initial forecast for October of $1.77, using exponential smoothing, the forecast for periods 11 and 12 is (round your responses to two decimal places): Month Oct Nov Dec Forecast $1.77 With a = 0.5 and the initial forecast for October of $1.72, using exponential smoothing, the forecast for periods 11 and 12 is (round your responses to two decimal places): Month Oct Nov Dec Forecast $1.72 Enter your answer in each of the answer boxes.
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