5. Green Water Park uses exponential smoothing to forecast monthly visits of customers. Its forecast for June
Question:
5. Green Water Park uses exponential smoothing to forecast monthly visits of customers. Its forecast for June was 1 million, but the actual number of customers turned out to be 2 million. The forecaster decided to use an alpha of 0.8. What is the forecast for July?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Supply Chain Management A Global Perspective
ISBN: 9780470141175
1st Edition
Authors: Nada R. Sanders
Question Posted: