Question: Download the attached sales data. Using exponential smoothing with a smoothing constant (alpha) of .3, what is the forecast for period 20? Data 120.54125.86108.53118.96 begin{tabular}{|r|r|r|}

Download the attached sales data. Using exponential smoothing with a smoothing constant (alpha) of .3, what is the forecast for period 20? Data 120.54125.86108.53118.96 \begin{tabular}{|r|r|r|} \hline Period & \multicolumn{2}{|l|}{ Sales } \\ \hline & 1 & 100 \\ \hline & 2 & 110 \\ \hline 4 & 3 & 119 \\ \hline & 4 & 145 \\ \hline & 5 & 96 \\ \hline & 6 & 111 \\ \hline 3 & 7 & 101 \\ \hline & 8 & 124 \\ \hline 0 & 9 & 115 \\ \hline 1 & 10 & 105 \\ \hline 2 & 11 & 120 \\ \hline 3 & 12 & 115 \\ \hline 4 & 13 & 109 \\ \hline 5 & 14 & 120 \\ \hline 6 & 15 & 110 \\ \hline 7 & 16 & 155 \\ \hline 8 & 17 & 110 \\ \hline 9 & 18 & 120 \\ \hline 2 & 19 & 120 \\ \hline 1 & 20 & \\ \hline \end{tabular}

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!

21. The chicken brothers own and operate a chain of 12 Los Pollos Hermanos fast food restaurants in United States. The regression output for sales figures and profit is provided below. Sales are...

Family Markets, operators of 5 supermarkets in Westchester County, approached Iona Universitys LaPenta School of Business to offer an Internship to an undergraduate business senior with the...

Subject: Business - Materials Management QUESTION 1 A). Describe at least six (6) costs involved in the Management of Materials B). If the cost of manufacturing (direct material and direct labour) is...

A 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 B C D E F G Estimate Estimation Error Square of Error Template for Linear Regression Time...

Accounting Case Study Project. Please see attached - is this possible to complete ? A 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 B C D E...

day of the week Daily Dem Average Daily price per pack Monday 297 11.1 Tuesday 293 10.055 Wednesday 327 9.77 Thursday 315 10.6 Friday 348 9.59 Saturday 447 8.965 Sunday 431 10 Monday 283 10.16...

Forecasting: Quiz Questions 1. An ice cream stand experiences higher sales: a. (1pt) during the summer, indicating. seasonality b (1pt) on weekends, indicating seasonality. 2. The following problems...

Market Demand Forecast Method Selection and Application: A Case Study in Hero MotoCorp Ltd. D K Choudhury Abstract: In this dynamic era, the market is very competitive and the demand for a product...

If a business is considering the purchase of a parcel of land that was purchased by the seller for $88,000, is offered for sale at $156,000, is assessed for tax purposes at $98,000, the buyer readily...

Bailey Cleaners has the following balance sheet items. Classify each item as an asset, liability, or stockholders' equity. Accounts payable Cash Equipment Supplies Accounts receivable Notes payable...

Discuss how the Demonetization can have both positive and negative impacts on the informal sector ( 2 5 marks )

As the manager of Smith Construction, you need to make a decision on the number of homes to build in a new residential area where you are the only builder. Unfortunately, you must build the homes...