My App is a small but growing start-up that sees demand for several of its apps increasing quickly. The tabie below shows the last six months of downloads. Use a forecast for the first month of 220,000, an initial trend forecast of 35.000, and smoothing parameters of 015 for both demand smoothing and trend smoothing Month (t) Monthly Application Downloads Forecast for Next Month Trend 220,000.00 35,000 00 200,000 250,100 334,000 3 380,000 5 440,000 500,000 (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.) Month 7s forecast is b.

Practical Management Science
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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 220,000, an initial trend forecast of 35,000, and smoothing parameters of
015 for both demand smoothing and trend smoothing
Month (t) Monthly Application Downloads Forecast for Next Month
Trend
220,000.00
35,000.00
200,000
2
250, 100
334,000
380,000
440,000
500,000
(Round your answers to 2 decimal places.)
Complete the table above, filling in the "Forecast for next month" and "Trend" columns, using double
a.
exponential smoothing
(Round your answers to 2 decimal places.)
Month 7's forecast is
b.
Transcribed Image Text: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 220,000, an initial trend forecast of 35,000, and smoothing parameters of 015 for both demand smoothing and trend smoothing Month (t) Monthly Application Downloads Forecast for Next Month Trend 220,000.00 35,000.00 200,000 2 250, 100 334,000 380,000 440,000 500,000 (Round your answers to 2 decimal places.) Complete the table above, filling in the "Forecast for next month" and "Trend" columns, using double a. exponential smoothing (Round your answers to 2 decimal places.) Month 7's forecast is b.
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