Prepare forecasts for February 2018 through 2020 for Cooper Toys, using an adjusted exponential smoothing model with
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Prepare forecasts for February 2018 through 2020 for Cooper Toys, using an adjusted exponential smoothing model with a = 0.25 and b = 0.4. Assume that the initial unadjusted forecast (F1) for January 2018 was 1,100 and the trend factor (T1) was 60.
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PERIOD DEMAND January 2018 February 1,200 2 1,400 March 3 1,450 1,580 1,796 2,102 April May 4 June 6. July 2,152 August September 8 2,022 1,888 October 1,938 10 November 11 1,988 December 12 1,839 January 2019 February March 13 1,684 14 1,944 1,994 2,154 15 April 16 May 17 2,430 June 18 2,827 July August September 19 2,877 20 2,687 21 2,492 October 22 2,542 November 23 2,592 December 24 2,382
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Related Book For
Introduction to Operations and Supply Chain Management
ISBN: 978-0134740607
5th edition
Authors: Cecil B. Bozarth, Robert B. Handfield
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