Question: Please write the formula for the forecast model defining all variables, including assumptions ESM = Exponential Smoothing Model ESM formula: F(n+1) = Fn + (a)*(An-Fn)
Please write the formula for the forecast model defining all variables, including assumptions
ESM = Exponential Smoothing Model
ESM formula: F(n+1) = Fn + (a)*(An-Fn) ; a= 0.1, 0.2, 0.3, 0.4, , 0.9
F5 = F4 + (a)*(A4 F4)
F4 = F3 + (a)*(A3 F3)
F3 = F2 + (a)*(A2 F2)
F2 = F1 + (a)*(A1 F1)
F1 = F0 +(a)*(A0 F0); is there a 0th cycle? No
Please define all the variables and include assumptions
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