The demand for freight car rentals are below. Use Exponential Smoothing with a Month one Forecast of
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The demand for freight car rentals are below. Use Exponential Smoothing with a Month one Forecast of 30 and an Alpha of .3. Calculate the forecast for month 2. Round your answer to ONE decimal place.
Month | Demand | EXP SM. |
1 | 35 | 30 |
2 |
Related Book For
Statistics For Business And Economics
ISBN: 9780538481649
11th Edition
Authors: David R. Anderson, Dennis J. Sweeney, Thomas A. Williams
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