The actual sales of car manufacturer in January is 120 units but the car manufacturer underestimated the sales of car by 20 units. If the manufacturer uses exponential smoothing method with a smoothing constant of alpha = 0.2

Principles of Heat Transfer (Activate Learning with these NEW titles from Engineering!)
8th Edition
ISBN:9781305387102
Author:Kreith, Frank; Manglik, Raj M.
Publisher:Kreith, Frank; Manglik, Raj M.
Chapter5: Analysis Of Convection Heat Transfer
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Problem 5.18P: The drag on an airplane wing in flight is known to be a function of the density of air (), the...
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The actual sales of car manufacturer in January
is 120 units but the car manufacturer
underestimated the sales of car by 20 units.
If the manufacturer uses exponential smoothing
method with a smoothing constant of alpha = 0.2
then what is the sales forecast for the month of
February of the same year?
Transcribed Image Text:The actual sales of car manufacturer in January is 120 units but the car manufacturer underestimated the sales of car by 20 units. If the manufacturer uses exponential smoothing method with a smoothing constant of alpha = 0.2 then what is the sales forecast for the month of February of the same year?
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