Question: Develop an exponential smoothing forecast ( alphaequals = 0 . 4 0 0 . 4 0 ) for periods 1 1 through 1 5 .

Develop an exponential smoothing forecast
(alphaequals=0.400.40)
for periods 11 through 15. Assume that your forecast for period 10 was
238238.
Period
Demand
10
288288
11
349349
12
447447
13
330330
14
494494
Part 2
Calculate the forecasts for periods 11 through 15(enter your responses rounded to two decimal places).
Part 3
Part 4
Part 5
Part 6
Period
Demand
Forecast
10
288288
238238
11
349349
enter your response here
12
447447
enter your response here
13
330330
enter your response here
14
494494
enter your response here
15
enter your response here

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!