Income at the architectural firm Spraggins and Yunes for the period February to July was as follows Use trend adjusted exponential smoothing to forecast the firms August income Assume that the initial forecast average for February is $ 65,000 and the initial trend adjustment is 0 The smoothing cons...

Trend adjusted exponential smoothing a 01 b 02 Unadj ...

Income at the architectural firm Spraggins and Yunes for the period February to July was as follows:

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Income at the architectural firm Spraggins and Yunes for the period February to July was as follows:

Use trend- adjusted exponential smoothing to forecast the firmâ€™s August income. Assume that the initial forecast average for February is $ 65,000 and the initial trend adjustment is 0. The smoothing constants selected are a = .1 and b =.2.

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Operations Management

ISBN: 978-0133408010

11th edition

Authors: Jay Heizer, Barry Render

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Question Posted: Mar 20, 2014 07:06 AM

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Income at the architectural firm Spraggins and Yunes for the period February to July was as follows:

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MONTH | Income FEBRUARY | MARCH | APRIL | MAY | JUNE | JULY 68.5 64.8 1.7 71.3 72.8 (In S thousa0.0

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