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5-22 Sales of Cool-Man air conditioners have grown steadily during the past 5 years: YEAR SALES 1 450 2 495 3 518 4 563 5

5-22 Sales of Cool-Man air conditioners have grown steadily during the past 5 years:

YEAR SALES
1 450
2 495
3 518
4 563
5 584
6 ?

The sales manager had predicted, before the business started, that year 1's sales would be 410 air conditioners. Using exponential smoothing with a weight of

=0.30,

develop forecasts for years 2 through 6.

5-23 Using smoothing constants of 0.6 and 0.9, develop forecasts for the sales of Cool-Man air conditioners (see Problem 5-22).

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