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.
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
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. | ||||||||
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.
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
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 2 steps with 7 images
Recommended textbooks for you
Advanced Engineering Mathematics
Advanced Math
ISBN:
9780470458365
Author:
Erwin Kreyszig
Publisher:
Wiley, John & Sons, Incorporated
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…
Advanced Math
ISBN:
9781118141809
Author:
Nathan Klingbeil
Publisher:
WILEY
Advanced Engineering Mathematics
Advanced Math
ISBN:
9780470458365
Author:
Erwin Kreyszig
Publisher:
Wiley, John & Sons, Incorporated
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…
Advanced Math
ISBN:
9781118141809
Author:
Nathan Klingbeil
Publisher:
WILEY
Mathematics For Machine Technology
Advanced Math
ISBN:
9781337798310
Author:
Peterson, John.
Publisher:
Cengage Learning,
