17.3. For the data in exercise 17.2, update the fast-food restaurant forecast if a trend value of...

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17.3. For the data in exercise 17.2, update the fast-food restaurant forecast if a trend value of 1.4 was calculated for the previous week. Use a of 0.3 to update the trend for this week, and determine the forecast for next Wednesday using exponential smoothing with trend adjustment.

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Ali Khawaja

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