Suppose sales for the past 6 months have been 100, 106, 87, 102, 87, and 104 Using a smoothing coefficient of 0.9, what is the exponentially smoothed value for the 4th period? (please round your answer to 1 decimal place)

Suppose sales for the past 6 months have been 100, 106, 87, 102, 87, and 104 Using a smoothing coefficient of 0.9, what is the exponentially smoothed value for the 4th period? (please round your answer to 1 decimal place)

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

Suppose sales for the past 6 months have been
100, 106, 87, 102, 87, and 104

Using a smoothing coefficient of 0.9, what is the exponentially smoothed value for the 4th period? (please round your answer to 1 decimal place)

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