Note:-Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism.Answer completely.You will get up vote for sure. The following table contains the demand from the last 10 months:ACTUALDEMAND3133344245444244MONTH1266789SAWN3104143 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 (T₁of 1.00, and an initial exponentially smoothed forecast (F₁) of 30.00.Note: Round your answers to 2 decimal places.Month12345678910Answer is not complete.FIT2.002.209.328.594.160.492.30 X1.621.03

An extension of the fundamental exponential smoothing approach that takes data trends into account…

Answered: The following table contains the demand…

The following table contains the demand from the last 10 months: ACTUAL DEMAND 31 33 34 42 45 44 42 MONTH 1 2 3 5 6 7 8 9 10 44 41 43

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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Question

Note:-

Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism.
Answer completely.
You will get up vote for sure.

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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