Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The following table is part of an exponential smoothing forecast. Compute the forecast for November, given that alpha = 0 . 4 Notation: (

The following table is part of an exponential smoothing forecast. Compute the forecast for November, given that \alpha =0.4
Notation: (Y= Actual value; F is the forecast value; and e is the error)
Yt Ft et
September 733718
October 744
November
Selected Answer:
Correctd.
FNov.=732
Correct Answer:
Correctd.
FNov.=732

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Entrepreneurship

Authors: Andrew Zacharakis, William D Bygrave

5th Edition

1119563097, 9781119563099

Students also viewed these General Management questions