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A B C D E 1 2 3 Exponential Smoothing with Trend 4 5 6 7 8 9 10 11 FL G 8 Month Period Sales Level Trend Forecast Avg through April 0 May 1 560 June 2 600 July August 3 620 4 Fill in the yellow boxes with the appropriate constants and formulas. H β 1. A toy manufacturer recently introduced a new computer game. Management is interested in estimating future sales volume to determine whether it should continue to carry the new game or replace it with another game. At the end of April, the average monthly sales volume of the new game was 500 games and the trend was +50 games per month. The actual sales volume figures for May, June, and July are 560, 600, and 620, respectively. Use trend-adjusted exponential smoothing/ with a=0.2 and ẞ= 0.1 to forecast usage for June, July, and August.

A B C D E 1 2 3 Exponential Smoothing with Trend 4 5 6 7 8 9 10 11 FL G 8 Month Period Sales Level Trend Forecast Avg through April 0 May 1 560 June 2 600 July August 3 620 4 Fill in the yellow boxes with the appropriate constants and formulas. H β 1. A toy manufacturer recently introduced a new computer game. Management is interested in estimating future sales volume to determine whether it should continue to carry the new game or replace it with another game. At the end of April, the average monthly sales volume of the new game was 500 games and the trend was +50 games per month. The actual sales volume figures for May, June, and July are 560, 600, and 620, respectively. Use trend-adjusted exponential smoothing/ with a=0.2 and ẞ= 0.1 to forecast usage for June, July, and August.

Advanced Engineering Mathematics
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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            α β

Exponential Smoothing with Trend

      
  Month Period Sales Level Trend Forecast  
  Avg through April 0          
  May 1 560        
  June 2 600        
  July 3 620        
  August 4          
               
  Fill in the yellow boxes with the appropriate constants and formulas. 
A B C D E 1 2 3 Exponential Smoothing with Trend 4 5 6 7 8 9 10 11 FL G 8 Month Period Sales Level Trend Forecast Avg through April 0 May 1 560 June 2 600 July August 3 620 4 Fill in the yellow boxes with the appropriate constants and formulas. H β
Transcribed Image Text:A B C D E 1 2 3 Exponential Smoothing with Trend 4 5 6 7 8 9 10 11 FL G 8 Month Period Sales Level Trend Forecast Avg through April 0 May 1 560 June 2 600 July August 3 620 4 Fill in the yellow boxes with the appropriate constants and formulas. H β
1. A toy manufacturer recently introduced a new computer game. Management is interested in estimating future sales volume to determine whether it should continue to carry the new game or replace it with another game. At the end of April, the average monthly sales volume of the new game was 500 games and the trend was +50 games per month. The actual sales volume figures for May, June, and July are 560, 600, and 620, respectively. Use trend-adjusted exponential smoothing/ with a=0.2 and ẞ= 0.1 to forecast usage for June, July, and August.
Transcribed Image Text:1. A toy manufacturer recently introduced a new computer game. Management is interested in estimating future sales volume to determine whether it should continue to carry the new game or replace it with another game. At the end of April, the average monthly sales volume of the new game was 500 games and the trend was +50 games per month. The actual sales volume figures for May, June, and July are 560, 600, and 620, respectively. Use trend-adjusted exponential smoothing/ with a=0.2 and ẞ= 0.1 to forecast usage for June, July, and August.
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