Note:-Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism.Answer completely.You will get up vote for sure. My App is a small but growing start-up that sees demand for several of its apps increasing quickly. Thetable below shows the last six months of downloads. Use a forecast for the first month of 220,000, aninitial trend forecast of 40,000, and smoothing parameters of 0.25 for both demand smoothing and trendsmoothing.a.b.Month (t)123456Monthly ApplicationDownloads235,000290,000336,000390,000435,000498,000Forecast for Next Month220,000.00(Round your answer to 2 decimal places.)Month 7's forecast is:Trend40,000.00(Round your answer to 2 decimal places.)Complete the table above, filling in the "Forecast for next month" and "Trend" columns, using doubleexponential smoothing.

Here, each month, I have been given the monthly application downloads data, Here, I would apply the…

a. b. Month (t) 1 2 3 4 5 6 Monthly Application Downloads 235,000 290,000 336,000 390,000 435,000 498,000 Forecast for Next Month 220,000.00 (Round your answer to 2 decimal places.) Month 7's forecast is: Trend 40,000.00 (Round your answer to 2 decimal places.) Complete the table above, filling in the "Forecast for next month" and "Trend" columns, using double exponential smoothing.

a. b. Month (t) 1 2 3 4 5 6 Monthly Application Downloads 235,000 290,000 336,000 390,000 435,000 498,000 Forecast for Next Month 220,000.00 (Round your answer to 2 decimal places.) Month 7's forecast is: Trend 40,000.00 (Round your answer to 2 decimal places.) Complete the table above, filling in the "Forecast for next month" and "Trend" columns, using double exponential smoothing.

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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