Using the data set below, what would be the forecast for period 5 using the exponential...
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Using the data set below, what would be the forecast for period 5 using the exponential smoothing method? Assume the forecast for period 4 is 14000. Use a smoothing constant of a = 0.4 Please submit your worksheet showing the calculation method Period 1 2 3 4 5 6 Actual Demand 10000 12400 13250 14750 15220 18500 Using the data set below, what would be the forecast for period 5 using the exponential smoothing method? Assume the forecast for period 4 is 14000. Use a smoothing constant of a = 0.4 Please submit your worksheet showing the calculation method Period 1 2 3 4 5 6 Actual Demand 10000 12400 13250 14750 15220 18500
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Calculate the forecast for period 3 using the exponential smoothing formula Forecast 3 Actual Dema... View the full answer
Related Book For
Introduction to Management Science A Modeling and Cases Studies Approach with Spreadsheets
ISBN: 978-0078024061
5th edition
Authors: Frederick S. Hillier, Mark S. Hillier
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