Construct an exponential smoothing forecasting model, using w = 0.7, for new orders reported by a manufacturer.

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Construct an exponential smoothing forecasting model, using w = 0.7, for new orders reported by a manufacturer. Monthly data (in thousands of dollars) to April 2007 are

195, 193, 190, 185, 180, 190, 185, 186, 184, 185, 198, 199, 200, 201, 199, 187, 186, 191, 195, 200, 200, 190, 186, 196, 198, 200, 200

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Complete Business Statistics

ISBN: 9780077239695

7th Edition

Authors: Amir Aczel, Jayavel Sounderpandian

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Question Posted: Jun 03, 2015 09:20 AM

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Construct an exponential smoothing forecasting model, using w = 0.7, for new orders reported by a manufacturer.

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Using a computer w 07 Zhat 1 Z 1 195 Zhat 2 0719500 0319500 19500 Zhat 3 0719300 0319500 19360 Zhat ...View the full answer

Complete Business Statistics

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