Question
The demand for freight car rentals are below. Use Exponential Smoothing with a Month one Forecast of 30 and an Alpha of .3. Calculate the
The demand for freight car rentals are below. Use Exponential Smoothing with a Month one Forecast of 30 and an Alpha of .3. Calculate the forecast for month 2. Round your answer to ONE decimal place.
Month | Demand | EXP SM. |
1 | 35 | 30 |
2 |
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Statistics For Business And Economics
Authors: David R. Anderson, Dennis J. Sweeney, Thomas A. Williams
11th Edition
978-0324783254, 324783256, 978-0324783247, 324783248, 978-0538481649
