Question 3a) You and your friends have started a new business in selling gaming chairsand achieve the following sales figures:MonthMarchAprilMayJuneJulyAugustDemand35612501836287634584670Prepare forecasts for June through September using an exponentialsmoothing model with a = 0.4. Assume the forecast for May was 1900.

Given, Exponential smoothing coefficient (α) = 0.4 The forecast for the month of may (Ft) = 1900…

Answered: a) You and your friends have started a…

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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a) You and your friends have started a new business in and achieve the following sales figures: Month March April May June July Demand 356 1250 1836 2876 3458