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The owner of Darkest Tans Unlimited in a local mall is forecasting this month's (October's) demand for the one new tanning booth based on the following historical data: Month Number of Visits April 100 May 140 June 110 July 150 August 120 September 160 What is this month's forecast using exponential smoothing with alpha = 0.2, if August's forecast was 145?

The owner of Darkest Tans Unlimited in a local mall is forecasting this month's (October's) demand for the one new tanning booth based on the following historical data: Month Number of Visits April 100 May 140 June 110 July 150 August 120 September 160 What is this month's forecast using exponential smoothing with alpha = 0.2, if August's forecast was 145?

Practical Management Science
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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The owner of Darkest Tans Unlimited in a local mall is forecasting this month's (October's) demand for the one new tanning booth based on the following historical data:
  

Month Number of Visits
April 100
May 140
June 110
July 150
August 120
September 160

  
What is this month's forecast using exponential smoothing with alpha = 0.2, if August's forecast was 145?

Multiple Choice O O O O 140 144 142 148 163
Transcribed Image Text:Multiple Choice O O O O 140 144 142 148 163
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