Q2 You Beauty is a cosmetics company that uses exponential smoothing with trend to forecast monthly sales of its special face cream. At the end of October, the company wants to forecast sales for November. The trend factor for October is 12 boxes. Forecast sales for October is 70 boxes. The demand for October was 78 boxes. The company uses a = 0.20 and ß =0.10. Make a forecast including trend for the month of November.
Q2 You Beauty is a cosmetics company that uses exponential smoothing with trend to forecast monthly sales of its special face cream. At the end of October, the company wants to forecast sales for November. The trend factor for October is 12 boxes. Forecast sales for October is 70 boxes. The demand for October was 78 boxes. The company uses a = 0.20 and ß =0.10. Make a forecast including trend for the month of November.
College Algebra (MindTap Course List)
12th Edition
ISBN:9781305652231
Author:R. David Gustafson, Jeff Hughes
Publisher:R. David Gustafson, Jeff Hughes
Chapter8: Sequences, Series, And Probability
Section8.4: Geometric Sequences And Series
Problem 6SC
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