The daily demand for chocolate donuts from the Donut-Hole Shop has been recorded for a two-week period.

Question:

a. Simulate a forecast of the demand using trend adjusted exponential smoothing. Use values of A0 = 90, T0 = 25, and Î± = Î² = .2.
b. Plot the data and the forecast on a graph.
c. Does this appear to be a good model for the data?

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Operations Management in the Supply Chain Decisions and Cases

ISBN: 978-0073525242

6th edition

Authors: Roger Schroeder, M. Johnny Rungtusanatham, Susan Goldstein

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Question Posted: Sep 20, 2015 09:45 AM

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The daily demand for chocolate donuts from the Donut-Hole Shop has been recorded for a two-week period.

Question:

Day 0 Demand Day Demand 80 95 120 110 75 60 50 85 10 12 13 14 110 90 80 65 50

Step by Step Answer:

a Trend Adj Day Demand Average Trend Forecast 1 80 1080 236 11500 2 95 1243 221 1...View the full answer

Operations Management in the Supply Chain Decisions and Cases

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