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Build a level and trend exponential smoothing model for the incoming calls. Use an alpha of 0.25, a beta of 0.05, a levela ^ 0
Build a level and trend exponential smoothing model for the incoming calls. Use an alpha of 0.25, a beta of 0.05, a levela
^
0
of 939 and a trendb
^
0
of 6.58. Assume that the forecast for period 1 is the sum of the level and the trend, that is,x
^
0,1
The excel sheet is what I was given. The question is formatted more clearly in a screenshot below
= 945.58.
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