a. Obtain the linear trend equation for the following data on new checking accounts at Fair Savings

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a. Obtain the linear trend equation for the following data on new checking accounts at Fair Savings Bank and use it to predict expected new checking accounts for periods 16 through 19.

b. Use trend-adjusted smoothing with Î± = .3 and Î² = .2 to smooth the new account data in part a. What is the forecast for period16?

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Operations Management

ISBN: 978-0078024108

12th edition

Authors: William J Stevenson

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Question Posted: Dec 30, 2014 06:49 AM

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a. Obtain the linear trend equation for the following data on new checking accounts at Fair Savings

Question:

Period Accounts Period Accounts Period Accounts 281 214 211 12 13 248 10 267 15 310

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tr msoheightsourceauto col msowidthsourceauto br msodataplacementsamecell style0 msonumberformatGeneral textaligngeneral verticalalignbottom whitespacenowrap msorotate0 msobackgroundsourceauto msopatt...View the full answer

Operations Management

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