A manufacturer of printed circuit boards uses exponentialsmoothing with trend to forecast monthly demand of its product.At the end of December, the company wishes to forecast salesfor January. Th e estimate of trend through November has been200 additional boards sold per month. Average sales have beenaround 1000 units per month. Th e demand for December was1100 units. Th e company uses a 0.20 and b 0.10. Make aforecast including trend for the month of January
A manufacturer of printed circuit boards uses exponentialsmoothing with trend to forecast monthly demand of its product.At the end of December, the company wishes to forecast salesfor January. Th e estimate of trend through November has been200 additional boards sold per month. Average sales have beenaround 1000 units per month. Th e demand for December was1100 units. Th e company uses a 0.20 and b 0.10. Make aforecast including trend for the month of January
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter13: Regression And Forecasting Models
Section13.7: Exponential Smoothing Models
Problem 28P: The file P13_28.xlsx contains monthly retail sales of U.S. liquor stores. a. Is seasonality present...
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A manufacturer of printed circuit boards uses exponential
smoothing with trend to
At the end of December, the company wishes to forecast sales
for January. Th e estimate of trend through November has been
200 additional boards sold per month. Average sales have been
around 1000 units per month. Th e demand for December was
1100 units. Th e company uses a 0.20 and b 0.10. Make a
forecast including trend for the month of January
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