A B 2 D E F G H α β 0.2 0.2 Trend Forecast 3 Exponential Smoothing with Trend 4 5 Week 0 Sales Level 6 1 56 7 2 59 8 3 53 9 4 60 10 5 63 11 6 12 13 Fill in the yellow boxes with the appropriate constants and formulas. 3. The following data are for computer sales in units at an electronics store over the past five weeks: WEEK 1 2 3 4 5 DEMAND 56 59 53 60 63 Use trend-adjusted exponential smoothing with a = 0.2 and ẞ= 0.2 to forecast sales for weeks 3 through 6. Assume that the smoothed average is 55 units and that the average trend was +6 units per week just before week 1.

Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
icon
Related questions
Question
          α β    
Exponential Smoothing with Trend 0.2 0.2    
  Week Sales Level Trend Forecast      
  0              
  1 56            
  2 59            
  3 53            
  4 60            
  5 63            
  6              
                 
  Fill in the yellow boxes with the appropriate constants and formulas.   
                 
A
B
2
D
E
F
G
H
α
β
0.2
0.2
Trend
Forecast
3 Exponential Smoothing with Trend
4
5
Week
0
Sales Level
6
1
56
7
2
59
8
3
53
9
4
60
10
5
63
11
6
12
13
Fill in the yellow boxes with the appropriate constants and formulas.
Transcribed Image Text:A B 2 D E F G H α β 0.2 0.2 Trend Forecast 3 Exponential Smoothing with Trend 4 5 Week 0 Sales Level 6 1 56 7 2 59 8 3 53 9 4 60 10 5 63 11 6 12 13 Fill in the yellow boxes with the appropriate constants and formulas.
3. The following data are for computer sales in units at an electronics store over the past five weeks:
WEEK
1
2
3
4
5
DEMAND
56
59
53
60
63
Use trend-adjusted exponential smoothing with a = 0.2 and ẞ= 0.2 to forecast sales for weeks 3
through 6. Assume that the smoothed average is 55 units and that the average trend was +6 units
per week just before week 1.
Transcribed Image Text:3. The following data are for computer sales in units at an electronics store over the past five weeks: WEEK 1 2 3 4 5 DEMAND 56 59 53 60 63 Use trend-adjusted exponential smoothing with a = 0.2 and ẞ= 0.2 to forecast sales for weeks 3 through 6. Assume that the smoothed average is 55 units and that the average trend was +6 units per week just before week 1.
Expert Solution
steps

Step by step

Solved in 2 steps with 7 images

Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Advanced Engineering Mathematics
Advanced Engineering Mathematics
Advanced Math
ISBN:
9780470458365
Author:
Erwin Kreyszig
Publisher:
Wiley, John & Sons, Incorporated
Numerical Methods for Engineers
Numerical Methods for Engineers
Advanced Math
ISBN:
9780073397924
Author:
Steven C. Chapra Dr., Raymond P. Canale
Publisher:
McGraw-Hill Education
Introductory Mathematics for Engineering Applicat…
Introductory Mathematics for Engineering Applicat…
Advanced Math
ISBN:
9781118141809
Author:
Nathan Klingbeil
Publisher:
WILEY
Mathematics For Machine Technology
Mathematics For Machine Technology
Advanced Math
ISBN:
9781337798310
Author:
Peterson, John.
Publisher:
Cengage Learning,
Basic Technical Mathematics
Basic Technical Mathematics
Advanced Math
ISBN:
9780134437705
Author:
Washington
Publisher:
PEARSON
Topology
Topology
Advanced Math
ISBN:
9780134689517
Author:
Munkres, James R.
Publisher:
Pearson,