Question: Given the following data, calculate the forecast for year 7 and 8 by using the exponential smoothing method with alpha equals to 0.3. Given the

Given the following data, calculate the forecast
Given the following data, calculate the forecast for year 7 and 8 by using the exponential smoothing method with alpha equals to 0.3. Given the forecast in year 6 is 82.05 Please keep TWO decimal places. If the digit one step to the right from the rounding digit is 0,1,2,3, or 4, round down. E.g. 53.244 rounded to 53.24. If the digit one step right from the rounding digit is 5,6,7,8, or 9 , round up. E.g. 57.255 rounded to 57.26

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!