The historical demand for Peeps is shown in the table. A) Use a three-period simple moving average
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Question:
The historical demand for Peeps is shown in the table.
A) Use a three-period simple moving average to forecast demand for July. What is the prognosis?
B) Use exponential smoothing to forecast demand for March. What is the forecast if α = 0.7?
C) What is the trend component of Holt's model for period 0?
D) What is the level component of Holt's model for period 0?
month | demand |
Jan | 11 |
Feb | 18 |
March | 31 |
April | 39 |
Can | 44 |
June | 53 |
Julio | 67 |
Ago | 82 |
Sep | 96 |
Related Book For
Business Analytics Communicating With Numbers
ISBN: 9781260785005
1st Edition
Authors: Sanjiv Jaggia, Alison Kelly, Kevin Lertwachara, Leida Chen
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