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Use the exponential smoothing (EXS) method, with = 0.8, to forecast the revenue in Year 6. Use Excel to forecast. Note: please do not use
Use the exponential smoothing (EXS) method, with = 0.8, to forecast the revenue in Year 6. Use Excel to forecast. Note: please do not use Data Analysis Tool for this question, but use the formula of Ft+1= At+(1-)Ft .
Question 2) Use EXS, with = 0.8, to forecast the revenue in Year 6. Use Excel to forecast. | ||||||||
Year | Revenues ($millions) | |||||||
1 | 10 | |||||||
2 | 12 | |||||||
3 | 15 | |||||||
4 | 13 | |||||||
5 | 16 | |||||||
6 |
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