(4) Exponential smoothing with a smoothing constant equal to 0.15, assuming a March forecast of 15(000). (Round your intermediate forecast values and final answer to 2 decimal places.) Forecast thousands (5) A linear trend equation. (Round your intermediate calculations and final answer to 2 decimal places.) Yt thousands

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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(4) Exponential smoothing with a smoothing constant equal to 0.15, assuming a March forecast of 15(000). (Round your intermediate
forecast values and final answer to 2 decimal places.)
Forecast
thousands
(5) A linear trend equation. (Round your intermediate calculations and final answer to 2 decimal places.)
Yt
thousands
Transcribed Image Text:(4) Exponential smoothing with a smoothing constant equal to 0.15, assuming a March forecast of 15(000). (Round your intermediate forecast values and final answer to 2 decimal places.) Forecast thousands (5) A linear trend equation. (Round your intermediate calculations and final answer to 2 decimal places.) Yt thousands
National Scan, Inc., sells radio frequency inventory tags. Monthly sales for a seven-month period were as follows:
Sales
Month
(000)Units
Feb.
13
Mar.
16
10
Apr.
May.
18
Jun.
20
Jul.
21
Aug.
25
Click here for the Excel Data File
Transcribed Image Text:National Scan, Inc., sells radio frequency inventory tags. Monthly sales for a seven-month period were as follows: Sales Month (000)Units Feb. 13 Mar. 16 10 Apr. May. 18 Jun. 20 Jul. 21 Aug. 25 Click here for the Excel Data File
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