Consider the time series data shown in Table 9.1. Use an adjusted exponential smoothing model to develop

Question:

Consider the time series data shown in Table 9.1. Use an adjusted exponential smoothing model to develop a forecast for the 12 months of 2012. (Assume that the un-adjusted forecast and trend factor for January are 220,000 and 10,000, respectively.) How do your results compare to the regression model results shown in Table 9.12?
Cooper Toys sells a portable baby stroller called the Tot n’ Trot. The past two years of demand for Tot n’ Trots are shown in the following table. Use this information for problems 19 and 20.