=10.17.* Exponential smoothing with trend, with a smoothing constant of 0.2 and a trend smoothing constant of
Question:
=10.17.* Exponential smoothing with trend, with a smoothing constant of 0.2 and a trend smoothing constant of 0.3, is being used to forecast values in a time series. At this point, the last two values have been 535 and then 550. The last two forecasts have been 530 and then 540. The last estimate of trend has been 10. Use this information to forecast the next value in the time series.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Introduction To Management Science A Modeling And Case Studies Approach With Spreadsheets
ISBN: 9780078096600
4th Edition
Authors: Frederick S. Hillier And Mark S. Hillier
Question Posted: