Week Actual Ft Tt FIT 1 29.0 42.1 8.67 50.77 2 33.0 47.2 8.57 55.77 3 48.0 63.3 9.77 73.07 4 50.0 53.2 8.37 61.57 5 58.0 76.6 9.07 85.67 6 85.0 93.7 12.17 105.87 7 77.0 86.8 6.87 93.67 8 9 10 DICK'S Sporting Goods' demand and forecast figures are given in the table. According to this, what is the double exponential smoothing forecast, i.e., exponential smoothing forecast with trend adjustment, for Week 11 if alpha 86.5 90.8 12.37 103.17 95.5 111.9 8.27 120.17 116.0 126.9 9.37 136.27 -0.4 and beta -0.15? (Do not round intermediate calculations. Round your final answers to two decimal places. Corsdemir, Copyrighted content. Cannot be posted)

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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Week Actual Ft Tt FIT
1
29.0 42.1 8.67 50.77
2
33.0 47.2 8.57 55.77
3
48.0 63.3 9.77 73.07
4
50.0 53.2 8.37 61.57
5
58.0 76.6 9.07 85.67
6
85.0 93.7 12.17 105.87
7
77.0 86.8 6.87 93.67
8
86.5 90.8 12.37 103.17
9
95.5 111.9 8.27 120.17
10 116.0 126.9 9.37 136.27
DICK'S Sporting Goods' demand and forecast figures are given in the table. According to
this, what is the double exponential smoothing forecast, i.e., exponential
smoothing
forecast with trend adjustment, for
Week
11
if
alpha
=0.4 and
beta
-0.15? (Do not round intermediate calculations. Round your final answers to two decimal
places. Corsdemir, Copyrighted content. Cannot be posted)
Transcribed Image Text:Week Actual Ft Tt FIT 1 29.0 42.1 8.67 50.77 2 33.0 47.2 8.57 55.77 3 48.0 63.3 9.77 73.07 4 50.0 53.2 8.37 61.57 5 58.0 76.6 9.07 85.67 6 85.0 93.7 12.17 105.87 7 77.0 86.8 6.87 93.67 8 86.5 90.8 12.37 103.17 9 95.5 111.9 8.27 120.17 10 116.0 126.9 9.37 136.27 DICK'S Sporting Goods' demand and forecast figures are given in the table. According to this, what is the double exponential smoothing forecast, i.e., exponential smoothing forecast with trend adjustment, for Week 11 if alpha =0.4 and beta -0.15? (Do not round intermediate calculations. Round your final answers to two decimal places. Corsdemir, Copyrighted content. Cannot be posted)
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