Sales of the Flying Flintmobile has been increasing over the past five years. The operations manager has estimated sales in 2017 to be 410 Flying Flintmobiles. Using exponential smoothing with a weight of α = 0.30, develop forecasts for 2017 through 2022. Year Sales Forecast 2016 450 2017 495 2018 518 2019 563 2020 584 2021 2022
Sales of the Flying Flintmobile has been increasing over the past five years. The operations manager has estimated sales in 2017 to be 410 Flying Flintmobiles. Using exponential smoothing with a weight of α = 0.30, develop forecasts for 2017 through 2022. Year Sales Forecast 2016 450 2017 495 2018 518 2019 563 2020 584 2021 2022
College Algebra (MindTap Course List)
12th Edition
ISBN:9781305652231
Author:R. David Gustafson, Jeff Hughes
Publisher:R. David Gustafson, Jeff Hughes
Chapter5: Exponential And Logarithmic Functions
Section5.2: Applications Of Exponential Functions
Problem 41E
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Sales of the Flying Flintmobile has been increasing over the past five years. The operations
manager has estimated sales in 2017 to be 410 Flying Flintmobiles. Using exponential smoothing
with a weight of α = 0.30, develop forecasts for 2017 through 2022.
Year Sales Forecast
2016 450
2017 495
2018 518
2019 563
2020 584
2021
2022
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