A police station had to deploy a police officer for an emergency multiple times in the last four evenings. The table below shows the number of emergencies each evening. (Round your answers to 3 decimal places.) Forecast for tomorrow (calls) Weekday Number of calls each day 9 Monday Tuesday Wednesday 11 Thursday Complete the "Forecast for tomorrow" column in the table above. Use an exponential smoothing a. forecasting approach, with a=0.1 and a forecast for Monday of 9. (Round your answer to 3 decimal places.) What would be their forecast for Friday using the same exponential b. smoothing forecasting approach?
A police station had to deploy a police officer for an emergency multiple times in the last four evenings. The table below shows the number of emergencies each evening. (Round your answers to 3 decimal places.) Forecast for tomorrow (calls) Weekday Number of calls each day 9 Monday Tuesday Wednesday 11 Thursday Complete the "Forecast for tomorrow" column in the table above. Use an exponential smoothing a. forecasting approach, with a=0.1 and a forecast for Monday of 9. (Round your answer to 3 decimal places.) What would be their forecast for Friday using the same exponential b. smoothing forecasting approach?
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter13: Regression And Forecasting Models
Section13.6: Moving Averages Models
Problem 19P: The file P13_19.xlsx contains the weekly sales of a particular brand of paper towels at a...
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