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Sue Bradley from Weapons System Support Center, Philadelphia, is conducting a study on forecasting demand of sonar system parts. The UICP model uses an exponential
Sue Bradley from Weapons System Support Center, Philadelphia, is conducting a study on forecasting demand of sonar system parts. The UICP model uses an exponential smoothing model with a smoothing constant of 0.20 to forecast quarterly demand. Unfortunately, there are several observations missing in her data base. If t represents the quarter in a 36-quarter period, At represents the actual or observed demand in period t, and Ft represents the forecast in period t, determine the missing observation in period 4.
t | at | ft |
2 | 33 | 41.52 |
4 | 39.816 | |
5 | 42 | 39.0528 |
6 | 36 | 39.64224 |
A) 33
B) 36
C) 39
D) 42
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