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My App is a small but growing start-up that sees demand for several of its apps increasing quickly. The table below shows the last six
My App is a small but growing start-up that sees demand for several of its apps increasing quickly. The table below shows the last six months of downloads. Use a forecast for the first month of 200,000 , an initial trend forecast of 55,000, and smoothing parameters of 0.25 for both demand smoothing and trend smoothing. (Round your answers to 2 decimal places.) a. Complete the table above, filling in the "Forecast for next month" and "Trend" columns, using double exponential smoothing. (Round your answers to 2 decimal places.) b. Month 7's forecast is
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