Question: The following numbers are 5 weeks data in a time series: 38, 41, 39, 43, 44. Starting with a smoothed average base of 35 and
The following numbers are 5 weeks’ data in a time series: 38, 41, 39, 43, 44. Starting with a smoothed average base of 35 and an initial trend estimate of 2.0, use a = 0.3 and 8 = 0.5 to forecast demand for these 5 Ne and make a forecast for each of the 3 weeks beyond these five.
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