Lenovo uses the ZX-81 chip in some of its laptop computers. The prices for the chip during the last 12 months were as follows: Month Price Per Chip Month Price Per Chip January February $1.85 July August September October $1.80 $1.61 $1.60 $1.85 $1.60 March Аpril May $1.85 $1.57 $1.90 November $1.62 June $1.95 December $1.75 This exercise contains only part d. With a = 0.1 and the initial forecast for October of $1.81, using exponential smoothing, the forecast for periods 11 and 12 is (round your responses to two decimal places): Month Oct Nov Dec Forecast $1.81
Lenovo uses the ZX-81 chip in some of its laptop computers. The prices for the chip during the last 12 months were as follows: Month Price Per Chip Month Price Per Chip January February $1.85 July August September October $1.80 $1.61 $1.60 $1.85 $1.60 March Аpril May $1.85 $1.57 $1.90 November $1.62 June $1.95 December $1.75 This exercise contains only part d. With a = 0.1 and the initial forecast for October of $1.81, using exponential smoothing, the forecast for periods 11 and 12 is (round your responses to two decimal places): Month Oct Nov Dec Forecast $1.81
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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![Lenovo uses the ZX-81 chip in some of its laptop computers. The prices for the chip during the last 12 months were as follows:
TAI
Month
Price Per Chip
Month
Price Per Chip
January
February
$1.85
$1.80
July
August
September
$1.85
$1.61
$1.60
March
$1.60
April
May
$1.57
$1.62
$1.75
$1.85
October
$1.90
November
June
$1.95
December
This exercise contains only part d.
With a = 0.1 and the initial forecast for October of $1.81, using exponential smoothing, the forecast for periods 11 and 12 is (round your responses to two decimal places):
Month
Oct
Nov
Dec
Forecast
$1.81](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F60ae2238-d375-4701-9aec-2226c586eada%2F0814c975-d6ee-449d-ba75-2256bfb7bbe4%2Fski2mcc_processed.png&w=3840&q=75)
Transcribed Image Text:Lenovo uses the ZX-81 chip in some of its laptop computers. The prices for the chip during the last 12 months were as follows:
TAI
Month
Price Per Chip
Month
Price Per Chip
January
February
$1.85
$1.80
July
August
September
$1.85
$1.61
$1.60
March
$1.60
April
May
$1.57
$1.62
$1.75
$1.85
October
$1.90
November
June
$1.95
December
This exercise contains only part d.
With a = 0.1 and the initial forecast for October of $1.81, using exponential smoothing, the forecast for periods 11 and 12 is (round your responses to two decimal places):
Month
Oct
Nov
Dec
Forecast
$1.81
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