Situation 1 : JDR Glass and Aluminum Supply sold 2,440 pcs of clear sealant for the month
Fantastic news! We've Found the answer you've been seeking!
Question:
Situation 1 : JDR Glass and Aluminum Supply sold 2,440 pcs of clear sealant for the month of September, higher than the company's forecast for the said month which is 2,090 pcs . The company's manager use an smoothing coefficient of 0.70 .
1. Use situation 1 as your reference. Using the Naive Method , What will be the sales forecast for October . *
2. What will be the forecast for October if the manager will use exponential Smoothing ? *
Related Book For
Business Statistics For Contemporary Decision Making
ISBN: 978-1118749647
8th edition
Authors: Black Ken
Posted Date: