A police station had to deploy police officers for emergencies multiple times the last four evenings. The
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A police station had to deploy police officers for emergencies multiple times the last four evenings. The numbers of emergencies for Monday, Tuesday, Wednesday, and Thursday were 7, 4, 8, and 11, respectively. What would be the station’s forecast for Friday using an exponential smoothing forecasting approach? Use α = 0.3 and a forecast for Monday of 9.
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With the exponential smoothing method we cannot just forecast for Frid...View the full answer
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Related Book For 
Operations Management
ISBN: 9781260547610
2nd International Edition
Authors: Gerard Cachon, Christian Terwiesch
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