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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: Month Price Per Chip Month Price Per Chip $1.85 $1.80 January February March July August September $1.61 $1.85 $1.60 $1.60 $1.57 $1.85 October April May $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 1.79 1.77 With a = 0.3 and the initial forecast for October of $1.77, using exponential smoothing, the forecast for periods 11 and 12 is (round your responses to two decimal places): Month Oct Nov Dec Forecast $1.77

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 $1.85 $1.80 January February March July August September $1.61 $1.85 $1.60 $1.60 $1.57 $1.85 October April May $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 1.79 1.77 With a = 0.3 and the initial forecast for October of $1.77, using exponential smoothing, the forecast for periods 11 and 12 is (round your responses to two decimal places): Month Oct Nov Dec Forecast $1.77

Practical Management Science
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: TET Month Price Per Chip Month Price Per Chip $1.85 July $1.80 January February March $1.61 $1.60 $1.85 August September $1.85 $1.60 $1.57 April May October $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 1.79 1.77 With a = 0.3 and the initial forecast for October of $1.77, using exponential smoothing, the forecast for periods 11 and 12 is (round your responses to two decimal places): Month Oct Nov Dec Forecast $1.77
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: TET Month Price Per Chip Month Price Per Chip $1.85 July $1.80 January February March $1.61 $1.60 $1.85 August September $1.85 $1.60 $1.57 April May October $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 1.79 1.77 With a = 0.3 and the initial forecast for October of $1.77, using exponential smoothing, the forecast for periods 11 and 12 is (round your responses to two decimal places): Month Oct Nov Dec Forecast $1.77
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