Please do not give solution in image format thanku supose that the demand in period 1 was 7 units and the demand in period 2 was 9units . Assume that the forecast for period 1 was for 5 units .If the firm uses exponential smoothing with an alpha value of .20. what should be the forecast for period 3
Please do not give solution in image format thanku supose that the demand in period 1 was 7 units and the demand in period 2 was 9units . Assume that the forecast for period 1 was for 5 units .If the firm uses exponential smoothing with an alpha value of .20. what should be the forecast for period 3
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter13: Regression And Forecasting Models
Section: Chapter Questions
Problem 42P: The file P13_42.xlsx contains monthly data on consumer revolving credit (in millions of dollars)...
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Please do not give solution in image format thanku
supose that the demand in period 1 was 7 units and the demand in period 2 was 9units . Assume that the
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