Question: Please show the steps on how to do it on excel, thank you! Weekly demand figures at Hot Pizza are as shown. 10 11 12

Weekly demand figures at Hot Pizza are as shown. 10 11 12

Please show the steps on how to do it on excel, thank you!
13 14 15 16 17 18 19 20 Week 10 11 12

Weekly demand figures at Hot Pizza are as shown. 10 11 12 13 14 15 16 17 18 19 20 Week 10 11 12 Demand ($) 108 116 118 124 96 119 96 102 112 102 92 91 Estimate demand for the next 4 weeks using a exponential smoothing with a = 0.1 and a = 0.9. What difference in forecasts 21 do you observer? Which of the two smoothing constants do you prefer? Support your answers with graphs. 22 23

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!