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 205,000, an initial trend forecast of 50,000, and smoothing parameters of 0.35 for both demand smoothing and trend smoothing. Monthly Application Downloads Forecast for Next Month Month Trend (t) 215,000 250,070 324,000 440,000 425,000 496,000 205,000.00 50,000.00 241,000.00 45,100.00 273,489.50 40,686.33 317,614.29 41,889.79 387,677.65 51,750.54 434,378.32 49,983.08 488,4 1 4. 5. 6. 408.81 (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: 539,843.73

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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 205,000, an initial trend forecast of
50,000, and smoothing parameters of 0.35 for both demand smoothing and trend smoothing.
16
Monthly Application
Downloads
Month
Forecast for Next
Trend
Month
205,000.00 50,000.00
241,000.00 45,100.00
273,489.50 40,686.33
317,614.29 41,889.79
387,677.65 51,750.54
434,378.32 49,983.08
488,434.91 51,408.81
01:51:40
(t)
215.000
250,070
324,000
440,000
425,000
496,000
1
4
(Round your answers to 2 decimal places.)
Complete the table above, filling in the "Forecast for next month" and "Trend"
a.
columns, using double exponential smoothing.
(Round your answers to 2 decimal places.)
b. Month 7's forecast is:
539,843.73
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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 205,000, an initial trend forecast of 50,000, and smoothing parameters of 0.35 for both demand smoothing and trend smoothing. 16 Monthly Application Downloads Month Forecast for Next Trend Month 205,000.00 50,000.00 241,000.00 45,100.00 273,489.50 40,686.33 317,614.29 41,889.79 387,677.65 51,750.54 434,378.32 49,983.08 488,434.91 51,408.81 01:51:40 (t) 215.000 250,070 324,000 440,000 425,000 496,000 1 4 (Round your answers to 2 decimal places.) Complete the table above, filling in the "Forecast for next month" and "Trend" a. columns, using double exponential smoothing. (Round your answers to 2 decimal places.) b. Month 7's forecast is: 539,843.73 < Prev 16 of 16 Next TITTT
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