A retailer is looking at the number of on-line orders for one particular product. Over the last 8 weeks the sales have been as follows:WEEKSALES1657256336914431576652976278486Use exponential smoothing and a = 0.4 to forecast the data. What is the forecast for week 9? Provide your answer to the nearest 2 decimal places.

The forecast of the data is .The exponential smoothing formula is .The forecast is as follows:WeekSalesForecast16576572563369144315576652976278486Thus, the forecast for week 9 is 543.56.The forecast for week 9 is 543.56.

Answered: A retailer is looking at the number of…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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