Question
The historical sales for a certain model of a single serve coffee maker at a specialty cookware store in units is: January, 21; February, 16;
The historical sales for a certain model of a single serve coffee maker at a specialty cookware store in units is: January, 21; February, 16; March, 18; April, 26; May, 20, and June, 15. Use single exponential smoothing with = 0.2, and compute the exponential smoothing forecasts for February through June. Do not round intermediate calculations. Round your answers to two decimal places.
| Month | Observation | Forecast |
| January | 21 | 21 |
| February | 16 | |
| March | 18 | |
| April | 26 | |
| May | 20 | |
| June | 15 |
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Essentials Of Investments
Authors: Zvi Bodie, Alex Kane, Alan J. Marcus
6th Edition
0073226386, 978-0073226385
