Given the following original forecast and actual data:Month Actual ForecastJanFebMarAprMayJunJul600475550575688649???400——1???Using exponential smoothing with a-= 0.64, what is the forecast for July.Round your answer to 2 decimal places.

Given the following original forecast and actual data: Month Actual Jan Feb Mar Apr May Jun Jul 600 475 550 575 688 649 ??? Forecast 400 1 —— ??? Using exponential smoothing with a = Round your answer to 2 decimal places. 0.64, what is the forecast for July.

Given the following original forecast and actual data: Month Actual Jan Feb Mar Apr May Jun Jul 600 475 550 575 688 649 ??? Forecast 400 1 —— ??? Using exponential smoothing with a = Round your answer to 2 decimal places. 0.64, what is the forecast for July.

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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