Question: Austin s accountant, Livian Oblivion, forecasts Behemoth sales using instead exponential smoothing method with an alpha value ( alpha ) of 0 . 2
Austins accountant, Livian Oblivion, forecasts Behemoth sales using instead exponential smoothing method with an alpha value alpha of Her forecast, when using the method, for April was We still consider the same 'actual' sales data for January thru April: JanFebMar and Apr
Note again: To obtain full credit on each of the questions below a c show your work,in doing so round each answerresponse to whole numbers # of units
a What will she forecast for May?
b Actual sales for May were ; then the forecast for June, when still using the exponential smoothing method, is:
c Actual sales for June were ; then, the forecast for July, when also using the exponential smoothing method, is:
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
