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Sales of Volkswagens popular Beetle have grown steadily at auto dealerships in Nevada during the past 5 years (see table below). The sales manager had
- Sales of Volkswagens popular Beetle have grown steadily at auto dealerships in Nevada during the past 5 years (see table below). The sales manager had predicted before the new model was introduced that first year sales would be 410 VWs. Using exponential smoothing with a weight of =.30, develop forecasts for years 2 through 6.
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| Forecast Exponential | Absolute | |||
Year | Sales | Smoothing a = 0.6 | Deviation | |||
1 | 450 | 410.0 |
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2 | 495 |
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3 | 518 |
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4 | 563 |
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5 | 584 |
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6 |
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| Forecast Exponential | Absolute | |||
Year | Sales | Smoothing a = 0.9 | Deviation | |||
1 | 450 | 410.0 |
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2 | 495 |
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3 | 518 |
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4 | 563 |
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5 | 584 |
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6 |
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