March demand was pridicted at 590 units of gear cycles of trevaa Itd. But the actual demand was 400 units only so fourth the company now want to forecast the april demand using exponential smoothing model with constant alpha of 0.72., calculate the same.
March demand was pridicted at 590 units of gear cycles of trevaa Itd. But the actual demand was 400 units only so fourth the company now want to forecast the april demand using exponential smoothing model with constant alpha of 0.72., calculate the same.
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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![March demand was pridicted at 590 units
of gear cycles of trevaa Itd. But the actual
demand was 400 units only so fourth the
company now want to forecast the april
demand using exponential smoothing
model with constant alpha of 0.72.,
calculate the same.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F7d341974-98ca-4768-994a-36003c1ed8cc%2F59153d70-4338-4c84-b811-ac4383ea63f7%2Fj89h4a_processed.jpeg&w=3840&q=75)
Transcribed Image Text:March demand was pridicted at 590 units
of gear cycles of trevaa Itd. But the actual
demand was 400 units only so fourth the
company now want to forecast the april
demand using exponential smoothing
model with constant alpha of 0.72.,
calculate the same.
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