Each month, Joes Auto Parts uses exponential smoothing (with = 0.25) to predict the number of
Question:
a. What is Joe’s forecast for brake fluid sales in August and September?
b. Suppose that Joe sells 32 cans of brake fluid in August. What is the revised forecast for September?
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Related Book For
Spreadsheet Modeling & Decision Analysis A Practical Introduction to Management Science
ISBN: 978-0324656633
5th edition
Authors: Cliff T. Ragsdale
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