My App is a small but growing start-up that sees demand for several of its apps increasing quickly. The table below shows the last six months of downloads. Use a forecast for the first month of 210,000, an initial trend forecast of 50,000, and smoothing parameters of 0.30 for both demand smoothing and trend smoothing. Month (t) Monthly Application Downloads Forecast for Next Month 210,000.00 Trend 50.000 .00

My App is a small but growing start-up that sees demand for several of its apps increasing quickly. The table below shows the last six months of downloads. Use a forecast for the first month of 210,000, an initial trend forecast of 50,000, and smoothing parameters of 0.30 for both demand smoothing and trend smoothing. Month (t) Monthly Application Downloads Forecast for Next Month 210,000.00 Trend 50.000 .00

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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Question

My App is a small but growing start-up that sees demand for several of its apps increasing quickly. The table below shows the last six
months of downloads. Use a forecast for the first month of 210,000, an initial trend forecast of 50,000, and smoothing parameters of
0.30 for both demand smoothing and trend smoothing.
Month (t) Monthly Application Downloads Forecast for Next Month
Trend
210,000.00
50,000.00
230,000
250,090
336,000
360,000
5.
450,000
9.
501,000
(Round your answers to 2 decimal places.)
Complete the table above, filling in the "Forecast for next month" and "Trend" columns, using double
exponential smoothing.
a.
(Round your answers to 2 decimal places.)
b.
Month 7's forecast is:
234

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