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.
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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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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