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The manager of a trendy downtown café in Columbus, Ohio, collects weekly data on the number of customers it serves. A port of the data is shown in the accompanying table. Week 1 2 1 52 53 = Customers 925 977 pictureClick here for the Excel Data File a. Use the simple exponential smoothing technique with a = 0.2 to make a forecast for Week 53. (Do not round intermediate calculations. Round final answer to 2 decimal places.) 1338 953 = b. Use the simple exponential smoothing technique with a = 0.4 to make a forecast for Week 53. (Do not round intermediate calculations. Round final answer to 2 decimal places.) 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49

The manager of a trendy downtown café in Columbus, Ohio, collects weekly data on the number of customers it serves. A port of the data is shown in the accompanying table. Week 1 2 1 52 53 = Customers 925 977 pictureClick here for the Excel Data File a. Use the simple exponential smoothing technique with a = 0.2 to make a forecast for Week 53. (Do not round intermediate calculations. Round final answer to 2 decimal places.) 1338 953 = b. Use the simple exponential smoothing technique with a = 0.4 to make a forecast for Week 53. (Do not round intermediate calculations. Round final answer to 2 decimal places.) 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49

Practical Management Science
Practical Management Science
6th Edition
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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The manager of a trendy downtown café in Columbus, Ohio, collects weekly data on the number of customers it serves. A port of the data is shown in the accompanying table. Week 1 2 I 52 $53 = Saved Customers 925 977 I 1338 pictureClick here for the Excel Data File a. Use the simple exponential smoothing technique with a = 0.2 to make a forecast for Week 53. (Do not round intermediate calculations. Round final answer to 2 decimal places.) $53 = b. Use the simple exponential smoothing technique with a = 0.4 to make a forecast for Week 53. (Do not round intermediate calculations. Round final answer to 2 decimal places.) < Prev 1 of 5 ⠀⠀ ****** Next > Week 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 Customers 925 br 977 943 937 1024 1098 1048 980 905 218 8:23 768 777 834 885 837 900 971 966 911 963 988 943 870 877 958 1026 1029 1113 1201 1181 1171 1164 1153 1075 1053 997 948 987 930 911 990 964 1069 1165 1229 1158 1210 1297 1279 1353 1338
Transcribed Image Text:The manager of a trendy downtown café in Columbus, Ohio, collects weekly data on the number of customers it serves. A port of the data is shown in the accompanying table. Week 1 2 I 52 $53 = Saved Customers 925 977 I 1338 pictureClick here for the Excel Data File a. Use the simple exponential smoothing technique with a = 0.2 to make a forecast for Week 53. (Do not round intermediate calculations. Round final answer to 2 decimal places.) $53 = b. Use the simple exponential smoothing technique with a = 0.4 to make a forecast for Week 53. (Do not round intermediate calculations. Round final answer to 2 decimal places.) < Prev 1 of 5 ⠀⠀ ****** Next > Week 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 Customers 925 br 977 943 937 1024 1098 1048 980 905 218 8:23 768 777 834 885 837 900 971 966 911 963 988 943 870 877 958 1026 1029 1113 1201 1181 1171 1164 1153 1075 1053 997 948 987 930 911 990 964 1069 1165 1229 1158 1210 1297 1279 1353 1338
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