A manager of a store that sols Spas wants to estimate forecasts for January Febnuary and March of next year The torociast is based on combination of exponential end and seasonality. The equation used for trend is given as follows: Assume seasonal relatives are 0.90, 12, and 1.3 for January through March (Round your answers to 1 decimal places) Forecast for January Forecast for February F-15, where is April of last year Forecast for March
A manager of a store that sols Spas wants to estimate forecasts for January Febnuary and March of next year The torociast is based on combination of exponential end and seasonality. The equation used for trend is given as follows: Assume seasonal relatives are 0.90, 12, and 1.3 for January through March (Round your answers to 1 decimal places) Forecast for January Forecast for February F-15, where is April of last year Forecast for March
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter13: Regression And Forecasting Models
Section13.7: Exponential Smoothing Models
Problem 25P: The file P13_25.xlsx contains the quarterly numbers of applications for home mortgage loans at a...
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![A manager of a store that sols Spas wants to estimate forecasts for January, February, and March of next year. The tococast is based on combination of exponential trend and
seasonality. The equation used for trend is given as tolows
Ft 3-4 15, where 10 i April of year
Assume seasonal relatives are 0.90, 12, and 1.3 for January through March
(Round your answers to 1 decimal places.)
Forecast for January
Forecast for February
Forecast for March](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F4e371293-12cc-4f3b-93be-3d71e4428674%2F65fb6fe5-2774-47b5-b0b4-5895d1d85010%2Frk6tc04_processed.jpeg&w=3840&q=75)
Transcribed Image Text:A manager of a store that sols Spas wants to estimate forecasts for January, February, and March of next year. The tococast is based on combination of exponential trend and
seasonality. The equation used for trend is given as tolows
Ft 3-4 15, where 10 i April of year
Assume seasonal relatives are 0.90, 12, and 1.3 for January through March
(Round your answers to 1 decimal places.)
Forecast for January
Forecast for February
Forecast for March
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