Question: A management analyst is using exponential smoothing to predict merchandise returns at an upscale branch of a department store chain Given an actual number of
A management analyst is using exponential smoothing to predict merchandise returns at an upscale branch of a department store chain Given an actual number of returns of 154 items the most recent period completed, a forecast of 172 items for that period, and a smoothing constant of 0.3. what is the forecast for the next period? How would the forecast be change the smoothing constant were 0.6? Solve the LP problem graphically Maximize subject to x_2 lessthanorequalto 6 3 x_1 + 2x_2 lessthanorequalto 18 x_1, x_2 Greaterthanorequalto 0
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