5 6 7 8 Demands 700 685 648 717 713 728 754 7

College Algebra
1st Edition
ISBN:9781938168383
Author:Jay Abramson
Publisher:Jay Abramson
Chapter6: Exponential And Logarithmic Functions
Section6.8: Fitting Exponential Models To Data
Problem 1TI: Table 2 shows a recent graduate’s credit card balance each month after graduation. a. Use...
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Develop an adjusted exponential forecast for a firm with the demand for bread as shown in the table below. 

week 1 2 3 4 5 6 7 8
Demands 700 685 648 717 713 728 754 762

Let α = 0.1 and β = 0.2. Previous average of Ft–1= 650, and let the initial trend  adjustment, Tt–1 = 0?

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