c) If the forecasted demand for the week of August 31 is 350 and a=0.20, using exponential smoothing, develop the forecast for each of the weeks with the known demand and the forecast for the week of October 12 (round your responses to two decimal places) Week Of Pints Used August 31 September 7 September 14 September 21 350 389 412 378 Forecast for this Date 350 350.00 357.80 370.2
c) If the forecasted demand for the week of August 31 is 350 and a=0.20, using exponential smoothing, develop the forecast for each of the weeks with the known demand and the forecast for the week of October 12 (round your responses to two decimal places) Week Of Pints Used August 31 September 7 September 14 September 21 350 389 412 378 Forecast for this Date 350 350.00 357.80 370.2
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter13: Regression And Forecasting Models
Section13.7: Exponential Smoothing Models
Problem 28P: The file P13_28.xlsx contains monthly retail sales of U.S. liquor stores. a. Is seasonality present...
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![c) If the forecasted demand for the week of August 31 is 350 and a = 0.20, using exponential smoothing, develop the forecast for each of the
weeks with the known demand and the forecast for the week of October 12 (round your responses to two decimal places)
Week Of
Pints Used
August 31
September 7
September 14
September 21
350
389
412
378
Forecast for this
Date
350
350.00
357.80
370.2](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fc0d7b6d6-ea5b-489b-88dd-0a85b3056728%2F54f90cc6-a41e-4138-b5ab-2aa7d94442a2%2F8k1ld7u_processed.jpeg&w=3840&q=75)
Transcribed Image Text:c) If the forecasted demand for the week of August 31 is 350 and a = 0.20, using exponential smoothing, develop the forecast for each of the
weeks with the known demand and the forecast for the week of October 12 (round your responses to two decimal places)
Week Of
Pints Used
August 31
September 7
September 14
September 21
350
389
412
378
Forecast for this
Date
350
350.00
357.80
370.2
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