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 200000, an initial trend forecast of 50000, and smoothing parameters of 0.25 for both demand smoothing and trend smoothing. a. b. Month (t) 1 2 3 4 5 6 Monthly Application Downloads 245,000 250,100 328,000 440,000 420,000 484,000 Forecast for Next Month (Round your answer to 2 decimal places.) Month 7's forecast is: 200,000.00 211,250.00 285,650.00 323,913.00 Trend 50,000.00 48,750.00 X 36,900.00 X 38,263.00 57,719.00 X 38,163.00 434,513.00 52,881.00 486,545.00 52,033.00 (Round your answer to 2 decimal places.) Complete the table above, filling in the "Forecast for next month" and "Trend" columns, using double exponential smoothing. 403,933.59 X
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 200000, an initial trend forecast of 50000, and smoothing parameters of 0.25 for both demand smoothing and trend smoothing. a. b. Month (t) 1 2 3 4 5 6 Monthly Application Downloads 245,000 250,100 328,000 440,000 420,000 484,000 Forecast for Next Month (Round your answer to 2 decimal places.) Month 7's forecast is: 200,000.00 211,250.00 285,650.00 323,913.00 Trend 50,000.00 48,750.00 X 36,900.00 X 38,263.00 57,719.00 X 38,163.00 434,513.00 52,881.00 486,545.00 52,033.00 (Round your answer to 2 decimal places.) Complete the table above, filling in the "Forecast for next month" and "Trend" columns, using double exponential smoothing. 403,933.59 X
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
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
Transcribed Image Text:PA 15-5 My App is a small but growing start-up that sees...
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 200000, an
initial trend forecast of 50000, and smoothing parameters of 0.25 for both demand smoothing and trend
smoothing.
a.
b.
Month
(t)
Answer is complete but not entirely correct.
1
2
3
4
5
6
Monthly Application
Downloads
245,000
250,100
328,000
440,000
420,000
484,000
Forecast for Next
Month
(Round your answer to 2 decimal places.)
Month 7's forecast is:
Trend
50,000.00
200,000.00
211,250.00
48,750.00 X
285,650.00
36,900.00 X
323,913.00
38,263.00 X
38,163.00
57,719.00
434,513.00 52,881.00 X
486,545.00 X
52,033.00 X
(Round your answer to 2 decimal places.)
Complete the table above, filling in the "Forecast for next month" and "Trend" columns, using
double exponential smoothing.
403,933.59 X
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