Would you use exponential smoothing with a smoothing constant of 0.3, a 3-year moving average, or a

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Would you use exponential smoothing with a smoothing constant of 0.3, a 3-year moving average, or a trend to predict the sales of Cool-Man air conditioners?.

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Sales of Cool-Man air conditioners have grown steadily during the past 5 years:

YEAR SALES 450 2 495 518 563 584 6.

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Quantitative Analysis for Management

ISBN: 978-0132149112

11th Edition

Authors: Barry render, Ralph m. stair, Michael e. Hanna

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Question Posted: Aug 31, 2012 05:44 AM

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Would you use exponential smoothing with a smoothing constant of 0.3, a 3-year moving average, or a

Question:

YEAR SALES 450 2 495 518 563 584 6.

Step by Step Answer:

ThreeYear Moving TimeSeries Year Actual Sales Average Forecast Absolute Deviation F...View the full answer

Quantitative Analysis for Management

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