Practical Management Science
Practical Management Science
6th Edition
ISBN: 9781337406659
Author: WINSTON, Wayne L.
Publisher: Cengage,
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The following table contains the demand from the last 10 months:
ACTUAL
DEMAND
31
33
34
42
45
44
42
44
MONTH
1
2
66789SAWN
3
10
41
43
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Transcribed Image Text:The following table contains the demand from the last 10 months: ACTUAL DEMAND 31 33 34 42 45 44 42 44 MONTH 1 2 66789SAWN 3 10 41 43
b. Calculate the exponential smoothing with trend forecast for these data using an a of 0.40, a 5 of 0.30, an initial trend forecast (T₁
of 1.00, and an initial exponentially smoothed forecast (F₁) of 30.00.
Note: Round your answers to 2 decimal places.
Month
1
2
3
4
5
6
7
8
9
10
Answer is not complete.
FIT
2.00
2.20
9.32
8.59
4.16
0.49
2.30 X
1.62
1.03
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Transcribed Image Text:b. Calculate the exponential smoothing with trend forecast for these data using an a of 0.40, a 5 of 0.30, an initial trend forecast (T₁ of 1.00, and an initial exponentially smoothed forecast (F₁) of 30.00. Note: Round your answers to 2 decimal places. Month 1 2 3 4 5 6 7 8 9 10 Answer is not complete. FIT 2.00 2.20 9.32 8.59 4.16 0.49 2.30 X 1.62 1.03
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