Question 2  Historical demand for gulab jamun from a sweet stall on Commercial Road is as displayed in the table.   Month Demand (orders) January 66,753 February 67,686 March 68,641 April 68,979 May 69,278 June 69,577 July 69,602 August 70,348 September 70,806 October 71,011 November 71,819 December 72,752   What is the forecast for June using Holt's model with an alpha of 0.1 and a beta of 0.2?     69121     69612     70564     63545 Full explain this question text typing

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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Question 2 

Historical demand for gulab jamun from a sweet stall on Commercial Road is as displayed in the table.

 

Month

Demand (orders)

January

66,753

February

67,686

March

68,641

April

68,979

May

69,278

June

69,577

July

69,602

August

70,348

September

70,806

October

71,011

November

71,819

December

72,752

 

What is the forecast for June using Holt's model with an alpha of 0.1 and a beta of 0.2?

   

69121

   

69612

   

70564

   

63545

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