A police station had to deploy a police officer for an emergency multiple times in the last four evenings. The table below shows thenumber of emergencies each evening.(Round your answers to 3 decimal places.)Forecast for tomorrowWeekdayNumber of calls each day(calls)MondayTuesdayWednesday748Thursday11Complete the "Forecast for tomorrow" column in the table above. Use an exponential smoothingа.forecasting approach, with a=0.3 and a forecast for Monday of 9.(Round your answer to 3 decimal places.)What would be their forecast for Friday using the same exponentialb.smoothing forecasting approach?

Answered: Image /qna-images/answer/4565b39b-cc20-4736-b48a-e2cc3349fa94.jpg

Answered: Complete the "Forecast for tomorrow"…

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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Complete the "Forecast for tomorrow" column in the table above. Use an exponential smoothing forecasting approach, with a=0.3 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 smoothing forecasting approach?