Given the data shown below, use (=.2 and =.4 to create trend enhanced smoothing based forecasts
Question:
Given the data shown below, use (=.2 and β =.4 to create trend enhanced smoothing based forecasts for periods 7, 8, and 9. Assume that FIT1 = 22 and T1 = 7.83.
Example of the calculations are shown for FIT2, FIT3, and FIT4. The FIT for the remaining periods is shown in the table.
Transcribed Image Text:
Period:12 345 6 Demand: 19 33 37 49 52 60
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F 2 FIT 1 02 d 1 FIT 1 22 020 1922 214 T 2 T 1 4 F 2 FIT 1 ...View the full answer
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Related Book For
Managing Operations Across the Supply Chain
ISBN: 978-0078024030
2nd edition
Authors: Morgan Swink, Steven Melnyk, Bixby Cooper, Janet Hartley
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