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Income at the architectural firm Spraggins and Yunes for the period February to July was as follows: Month February March April May June July Income ($000's) 35.0 32.6 28.1 26.3 34.5 32.0 Assume that the initial forecast for February is 30.0 (in $ thousands) and the initial trend adjustment is 0. The smoothing constants selected are a = 0.2 and B = 0.3. Using trend-adjusted exponential smoothing, the forecast for the architectural firm's August income is thousand dollars (round your response to two decimal places).

Income at the architectural firm Spraggins and Yunes for the period February to July was as follows: Month February March April May June July Income ($000's) 35.0 32.6 28.1 26.3 34.5 32.0 Assume that the initial forecast for February is 30.0 (in $ thousands) and the initial trend adjustment is 0. The smoothing constants selected are a = 0.2 and B = 0.3. Using trend-adjusted exponential smoothing, the forecast for the architectural firm's August income is thousand dollars (round your response to two decimal places).

MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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Income at the architectural firm Spraggins and Yunes for the period February to July was as follows: Month February March April May June July Income ($000's) 35.0 32.6 28.1 26.3 34.5 32.0 Assume that the initial forecast for February is 30.0 (in $ thousands) and the initial trend adjustment is 0. The smoothing constants selected are a = 0.2 and B = 0.3. Using trend-adjusted exponential smoothing, the forecast for the architectural firm's August income is thousand %3D dollars (round your response to two decimal places).
Transcribed Image Text:Income at the architectural firm Spraggins and Yunes for the period February to July was as follows: Month February March April May June July Income ($000's) 35.0 32.6 28.1 26.3 34.5 32.0 Assume that the initial forecast for February is 30.0 (in $ thousands) and the initial trend adjustment is 0. The smoothing constants selected are a = 0.2 and B = 0.3. Using trend-adjusted exponential smoothing, the forecast for the architectural firm's August income is thousand %3D dollars (round your response to two decimal places).
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