Period 1 2 3 4 5 6 3. Using the table below, forecast using exponential smoothing. Assume the Alpha is 0.55, what should be the forecast for period 7 if the actual demand for period 6 turns out to be 38? 7 Actual 42 41 39 43 45 38 F 33 ?
Period 1 2 3 4 5 6 3. Using the table below, forecast using exponential smoothing. Assume the Alpha is 0.55, what should be the forecast for period 7 if the actual demand for period 6 turns out to be 38? 7 Actual 42 41 39 43 45 38 F 33 ?
Contemporary Marketing
18th Edition
ISBN:9780357033777
Author:Louis E. Boone, David L. Kurtz
Publisher:Louis E. Boone, David L. Kurtz
Chapter14: Pricing Strategies
Section14.2: Forecasting Demand
Problem 1LO
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![Period
1
2
3
st
4
5
6
3. Using the table below, forecast using exponential smoothing. Assume the
Alpha is 0.55, what should be the forecast for period 7 if the actual demand
for period 6 turns out to be 38?
7
Actual
42
41
39
43
45
38
F
33
?
3](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fb3dae036-f2ee-45df-abce-a84a1eab2b99%2F539b5964-f759-46c5-bd84-c2ac513fcaab%2F9nw986v_processed.png&w=3840&q=75)
Transcribed Image Text:Period
1
2
3
st
4
5
6
3. Using the table below, forecast using exponential smoothing. Assume the
Alpha is 0.55, what should be the forecast for period 7 if the actual demand
for period 6 turns out to be 38?
7
Actual
42
41
39
43
45
38
F
33
?
3
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