In October a bike dealer pridicted November demand for 150 hero bikes, actual demand was 161 bikes. Now using a smoothing constant chosen by the organisation of alpha 0.21, the dealer wants to forecast decemdemand using the exponential smoothing model ?
In October a bike dealer pridicted November demand for 150 hero bikes, actual demand was 161 bikes. Now using a smoothing constant chosen by the organisation of alpha 0.21, the dealer wants to forecast decemdemand using the exponential smoothing model ?
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 26P: The file P13_26.xlsx contains the monthly number of airline tickets sold by the CareFree Travel...
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In October a bike dealer pridicted November demand for 150 hero bikes, actual demand was 161 bikes. Now using a smoothing constant chosen by the organisation of alpha 0.21, the dealer wants to
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