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PA 15-5 (Algo) My App is a small but growing start-up that sees... My App is a small but growing start-up that sees demand for
PA 15-5 (Algo) My App is a small but growing start-up that sees... 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 0.20 for both demand smoothing and trend smoothing. Trend 55,000.00 1 Month (t) Monthly Application Downloads Forecast for Next Month 200,000.00 215,000 2 250,010 3 343,000 390,000 5 430,000 6 485,000 4 (Round your answers to 2 decimal places.) Complete the table above, filling in the "Forecast for next month" and "Trend" columns, using double exponential smoothing. a. (Round your answers to 2 decimal places.) Month 7's forecast is: b. PA 15-5 (Algo) My App is a small but growing start-up that sees... 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 0.20 for both demand smoothing and trend smoothing. Trend 55,000.00 1 Month (t) Monthly Application Downloads Forecast for Next Month 200,000.00 215,000 2 250,010 3 343,000 390,000 5 430,000 6 485,000 4 (Round your answers to 2 decimal places.) Complete the table above, filling in the "Forecast for next month" and "Trend" columns, using double exponential smoothing. a. (Round your answers to 2 decimal places.) Month 7's forecast is: b
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