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Carol Campus, owner of Campus Carpet Cleaning (CCC) needs a quarterly forecast of the number of customers expected next year. Listed below are the quarterly
Carol Campus, owner of Campus Carpet Cleaning (CCC) needs a quarterly forecast of the
number of customers expected next year.
Listed below are the quarterly demands for CCC
for the past four years.
Using exponential smoothing, develop an appropriate forecasting
model that minimizes MSD and then forecast the next year (2019) by quarter using this
model.
Year
Quarter
2015
2016
2017
2018
2019
1
50
75
100
110
?
2
340
375
550
700
?
3
525
600
800
1050
?
4
100
175
275
250
?
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