Question: A company assembles customized personal computers from generic parts. It assembles computers mostly at night, using part - time students. It purchases generic computer parts
A company assembles customized personal computers from generic parts. It assembles
computers mostly at night, using parttime students. It purchases generic computer parts
in volume at a discount from a variety of sources whenever there is a good deal. Thus,
it needs a good forecast of demand for its computers and has compiled demand data for
the last months as reported below.
Period Month Demand Period Month Demand
January
February
March
April
May
June
July
August
September
October
November
December
Use exponential smoothing with smoothing parameters alpha and alpha to compute
the demand forecast for January Period
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