Look ahead at the scenario described in Prob. 27.7-3. Notice the steady trend upward in the number
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Illustrate this fact by doing the calculations to obtain these forecasts when the smoothing constant is α = 0.25 and the trend smoothing constant is β = 0.25. (Use hand calculations rather than an Excel template.)
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Related Book For
Introduction to Operations Research
ISBN: 978-1259162985
10th edition
Authors: Frederick S. Hillier, Gerald J. Lieberman
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