Period 1 2 3 4 5 6 3. Using the table below, forecast using exponential smoothing. Assume the Alpha is 0.55, what should be the forecast for period 7 if the actual demand for period 6 turns out to be 38? 7 Actual 42 41 39 43 45 38 F 33 ?

Contemporary Marketing
18th Edition
ISBN:9780357033777
Author:Louis E. Boone, David L. Kurtz
Publisher:Louis E. Boone, David L. Kurtz
Chapter14: Pricing Strategies
Section14.2: Forecasting Demand
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Period
1
2
3
st
4
5
6
3. Using the table below, forecast using exponential smoothing. Assume the
Alpha is 0.55, what should be the forecast for period 7 if the actual demand
for period 6 turns out to be 38?
7
Actual
42
41
39
43
45
38
F
33
?
3
Transcribed Image Text:Period 1 2 3 st 4 5 6 3. Using the table below, forecast using exponential smoothing. Assume the Alpha is 0.55, what should be the forecast for period 7 if the actual demand for period 6 turns out to be 38? 7 Actual 42 41 39 43 45 38 F 33 ? 3
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