Question: Service Management: Operations, Strategy, Information Technology , 8th edition For the data in exercise 14.2, update the fast-food restaurant forecast if a trend value of

Service Management: Operations, Strategy, Information Technology , 8th edition
  1. For the data in exercise 14.2, update the fast-food restaurant forecast if a trend value of 1.4 was calculated for the previous week. Use a b of 0.3 to update the trend for this week, and determine the forecast for next Wednesday using expo- nential smoothing with trend adjustment.

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