Answered: A manufacturer of printed circuit…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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Question

A manufacturer of printed circuit boards uses exponential
smoothing with trend to forecast monthly demand of its product.
At the end of December, the company wishes to forecast sales
for January. Th e estimate of trend through November has been
200 additional boards sold per month. Average sales have been
around 1000 units per month. Th e demand for December was
1100 units. Th e company uses a 0.20 and b 0.10. Make a
forecast including trend for the month of January

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