My App is a smal but growing start-up that sees demand for several of Its apps increasing quickly. The table below hows the last six months of downloads. Use a forecast for the first month of 220,000, an initial trend forecast of 40,000, end smoothing parameters of 0.20 for both demand smoothing and trend smoothing. Month Monthly Application Downloads Forecast for Next Month (C) Trend 220,000.00 40,000.00 235,000 250,040 322,000 350,000 420,000 503,000 3 4. 6. (Round your answers to 2 decimal places.) Complete the table above, filling in the "Forecast for next month" and "Trend" columns, using double exponential smoothing. a. (Round your answers to 2 decimal places.) b. Month 7's forecast is:

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My Acp is a small but growing start-up that sees demand for several of Its apps increasing quickly. The table below
thows the last six months of downloads. Use a forecast for the first month of 220,000, an initial trend forecast of
40,000, end smoothing parameters of 0.20 for both demand smoothing and trend smoothing.
Monthly Application
Downloads
Month
Forecast for Next
00 2932
(t)
Month
Trend
220,000.00 40,000.00
1
235.000
2.
250,040
322.000
4.
350.000
420,000
503,000
(Round your answers to 2 decimal places.)
Complete the table above, filling in the "Forecast for next month" and "Trend"
a.
columns, using double exponential smoothing.
(Round your answers to 2 decimal places.)
b. Month 7's forecast is:
1 of 5
Next>
esc
F1
F2
F3
F4
F5
F6
%23
Transcribed Image Text:1 My Acp is a small but growing start-up that sees demand for several of Its apps increasing quickly. The table below thows the last six months of downloads. Use a forecast for the first month of 220,000, an initial trend forecast of 40,000, end smoothing parameters of 0.20 for both demand smoothing and trend smoothing. Monthly Application Downloads Month Forecast for Next 00 2932 (t) Month Trend 220,000.00 40,000.00 1 235.000 2. 250,040 322.000 4. 350.000 420,000 503,000 (Round your answers to 2 decimal places.) Complete the table above, filling in the "Forecast for next month" and "Trend" a. columns, using double exponential smoothing. (Round your answers to 2 decimal places.) b. Month 7's forecast is: 1 of 5 Next> esc F1 F2 F3 F4 F5 F6 %23
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