Course Solutions Uncategorized Exponentially Smoothed Forecast January Given Alpha 05 Month Sales January 900 Feb 700 Mar Q34318983

Exponentially Smoothed Forecast January Given Alpha 05 Month Sales January 900 Feb 700 Mar Q34318983

What is the exponentially smoothed forecast for January given analpha of 0.5?

Month Sales

January 9.00

Feb 7.00

March 10.00

April 8.00

May 7.00

June 12.00

July 10.00

August 11.00

September 12.00

October 10.00

November 14.00

December 16.00

January —

POSSIBLE ANSWERS

12.33

13.33

12.60

14.17

Expert Answer


The concept used in this solution is forecasting usingexponential smoothening.Meuth febs Marcho rlay 7 l, 9.937「 12 lo Y67 Oct lo l 2.313 Nov 4 (lo 6171 Dec 6 2.308 6 Aun . Tan . using E iEiay 2.50 Dec

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