The University Credit Union is open Monday through Saturday. Winters method is being used to predict the

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The University Credit Union is open Monday through Saturday. Winters’ method is being used to predict the number of customers entering the bank each day. After incorporating the arrivals on Monday, October 16, the seasonal indexes are: Monday, 0.90; Tuesday, 0.70; Wednesday, 0.80; Thursday, 1.1; Friday, 1.2; Saturday, 1.3. Also, the current estimates of level and trend are 200 and 1. On Tuesday, October 17, 182 customers enter the bank. At the close of business on October 17, forecast the number of customers who will enter the bank on each of the next six business days.

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Data Analysis And Decision Making

ISBN: 415

4th Edition

Authors: Christian Albright, Wayne Winston, Christopher Zappe

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