Use an exponential smoothing model with trends to forecast for period 5. Select a correct demand forecast
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Use an exponential smoothing model with trends to forecast for period 5. Select a correct demand forecast using the demand table below.
The base value at the end of period 1 is 300 while the tread is -50. The base value smoothing constant is 0.2 and the trend smoothing constant is 0.4. | |||||||
Period | 2 | 3 | 4 | ||||
Demand | 250 | 120 | 130 | ||||
a. | 72 | c. | 65 |
b. | 115 | d. | 210 |
Related Book For
Introduction to Operations and Supply Chain Management
ISBN: 978-0132747325
3rd edition
Authors: Cecil B. Bozarth, Robert B. Handfield
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