The number of service calls received at LaFortune Electric during four months is shown in the following table: Month..Number of Service Calls April.....................19 May......................31 June.....................27 July.......................29 Forecast the number of service calls in August by using a simple exponential smoothing model with a smoothing constant of 0.1. (Assume the forecast for April was 21.)
Chapter 3, Exercises #10
The number of service calls received at LaFortune Electric during four months is shown in the following table:
Month…………..Number of Service Calls
April…………………………….....................19
May……………………………......................31
June…………………………….....................27
July…………………………….......................29
Forecast the number of service calls in August by using a simple exponential smoothing model with a smoothing constant of 0.1. (Assume the forecast for April was 21.)
This problem has been solved!
Do you need an answer to a question different from the above? Ask your question!
Related Book For 
Forecasting And Predictive Analytics With Forecast X
7th edition
Authors: J. Holton Wilson, Barry Keating
ISBN: 978-1259903915