Actual demand for the past 16 periods is shown below. Prepare a trend adjusted exponential smoothing forecast using the following parameters: a = 3, B= 2, TAF5=663.67, and T5 = 1.67. (Round all your answers to two decimal points.) Period 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 Actual 658 658 656 663 664 666 670 673 672 673 677 680 686 689 692 698 TAF S
Actual demand for the past 16 periods is shown below. Prepare a trend adjusted exponential smoothing forecast using the following parameters: a = 3, B= 2, TAF5=663.67, and T5 = 1.67. (Round all your answers to two decimal points.) Period 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 Actual 658 658 656 663 664 666 670 673 672 673 677 680 686 689 692 698 TAF S
Practical Management Science
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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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Question
![Actual demand for the past 16 periods is shown below. Prepare a trend adjusted exponential smoothing forecast using the following
parameters: a = 3, B= 2, TAF5=663.67, and T5 = 1.67. (Round all your answers to two decimal points.)
Period
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
Actual
658
658
656
663
664
666
670
673
672
673
677
680
686
689
692
698
TAF
S](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F9b52ec0e-1718-4a1e-8f5b-618ac05e1ee0%2F4f5132ec-fb60-4565-832f-d84eb69c4ca7%2F77j4rkf_processed.png&w=3840&q=75)
Transcribed Image Text:Actual demand for the past 16 periods is shown below. Prepare a trend adjusted exponential smoothing forecast using the following
parameters: a = 3, B= 2, TAF5=663.67, and T5 = 1.67. (Round all your answers to two decimal points.)
Period
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
Actual
658
658
656
663
664
666
670
673
672
673
677
680
686
689
692
698
TAF
S
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