. MyApp is a small but growing startup that sees demand for several of its apps increasequickly. For the last six months, monthly downloads were 235,000, 290,000, 336,000,390,000, 435,000, and 498,000. Using a forecast for the first month of 220,000, aninitial trend forecast of 40,000, and smoothing parameters of 0.25 for both demandsmoothing and trend smoothing, forecast the demand for the next month using doubleexponential smoothing.
. MyApp is a small but growing startup that sees demand for several of its apps increasequickly. For the last six months, monthly downloads were 235,000, 290,000, 336,000,390,000, 435,000, and 498,000. Using a forecast for the first month of 220,000, aninitial trend forecast of 40,000, and smoothing parameters of 0.25 for both demandsmoothing and trend smoothing, forecast the demand for the next month using doubleexponential smoothing.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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. MyApp is a small but growing startup that sees demand for several of its apps increase
quickly. For the last six months, monthly downloads were 235,000, 290,000, 336,000,
390,000, 435,000, and 498,000. Using a
initial trend forecast of 40,000, and smoothing parameters of 0.25 for both demand
smoothing and trend smoothing, forecast the demand for the next month using double
exponential smoothing.
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