Sales volume of July was 390. Use exponential smoothing with a smoothing constant o.2 to find the forecast of sales volume in August. Suppose the forecast of June is 370. give the formula and answer in full steps please
Sales volume of July was 390. Use exponential smoothing with a smoothing constant o.2 to find the forecast of sales volume in August. Suppose the forecast of June is 370. give the formula and answer in full steps please
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter13: Regression And Forecasting Models
Section: Chapter Questions
Problem 42P: The file P13_42.xlsx contains monthly data on consumer revolving credit (in millions of dollars)...
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Sales volume of July was 390. Use exponential smoothing with a smoothing constant o.2 to find the
give the formula and answer in full steps please
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