Top Posters
Since Sunday
8
s
5
a
2
1
1
1
1
1
1
1
1
New Topic  
andrewschloding andrewschloding
wrote...
Posts: 83
Rep: 0 0
2 weeks ago
The following data represent the number of ceiling fans sold for each of the past five days for a Home Depot store.



Calculate the sales forecast for Day 6 using exponential smoothing with trend adjustment with α = 0.7 and β = 0.4.
Textbook 

Business Statistics


Edition: 2nd
Author:
Read 26 times
1 Reply
Replies
Answer verified by a subject expert
majed320majed320
wrote...
Posts: 49
Rep: 0 0
2 weeks ago
Sign in or Sign up in seconds to unlock everything for free
More questions for this book are available here



F6 = FIT5 + α(A5 - FIT5)
F6 = 11.2 + 0.7(6 - 11.2) = 7.6

T6 = β(F6 - F5) + (1 - β)T5
T6 = (0.4)(7.6 - 11.1) + (1 - 0.4)(0.1) = -1.3

FIT6 = F6 + T6
FIT6 = 7.6 - 1.3 = 6.3

1

Related Topics

wrote...
Posts: 83
Credits: 30

2 weeks ago
Just got PERFECT on my quiz
wrote...
Posts: 66
Credits: 30

Yesterday
Smart ... Thanks!
wrote...
Posts: 141
Credits: 175

2 hours ago
Correct Slight Smile TY
New Topic      
Explore
Post your homework questions and get free online help from our incredible volunteers
  102 People Browsing
 279 Signed Up Today
Your Opinion

Previous poll results: Do you believe in global warming?
Related Images
 617
 303