If the forecasted demand for the week of August 31 is 360 and α = 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 Forecast for this Date August 31 360 360 September 7 389 360.00 September 14 412 365.80 September 21 383 375.04375.04 September 28 366 376.63376.63 October 5 374 nothing
If the forecasted demand for the week of August 31 is 360 and α = 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 Forecast for this Date August 31 360 360 September 7 389 360.00 September 14 412 365.80 September 21 383 375.04375.04 September 28 366 376.63376.63 October 5 374 nothing
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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c) If the forecasted demand for the week of August 31 is
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).
360
and
α
=
0.20,
using exponential smoothing, develop the |
Week Of
|
Pints Used
|
Forecast for this Date
|
|
August 31
|
360
|
360
|
|
September 7
|
389
|
360.00
|
|
September 14
|
412
|
365.80
|
|
September 21
|
383
|
375.04375.04
|
|
September 28
|
366
|
376.63376.63
|
|
October 5
|
374
|
nothing
|
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