Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Direction: Solve the problem. Write your answer in DIGITS only. DO NOT put units, peso sign and any other character such as comma and period.

Direction: Solve the problem. Write your answer in DIGITS only. DO NOT put "units, peso sign and any other character such as comma and period.

Cocomelon is a RTW company, they want to forecast their monthly sales of clothes. Their forecast for July was 15,000 clothes , whereas the actual sales was 15, 800. If the manager use an exponential smoothing of 0.60 what will be the forecast for August.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Horngrens Accounting

Authors: Tracie L. Miller nobles, Brenda L. Mattison, Ella Mae Matsumura

12th edition

9780134487151, 013448715X, 978-0134674681

More Books

Students also viewed these Accounting questions