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The refrigerator sales at a local Home Depot store is 70 for Week 1 and 79 Week 2, respectively. The store manager tries to use
The refrigerator sales at a local Home Depot store is 70 for Week 1 and 79 Week 2, respectively. The store manager tries to use exponential smoothing method with a smoothing constant of 0.5 to forecast Week 3's sales. Assume the forecasted sales for Week 2 is 110. Using the information given, please help the store manager forecast sales for Week 3. Numbers only, keep 3-decimal if not exact, either round up or down is ok. Next
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