Ed Rogers owns an appliance store. Sales data on a particular model of a DVD player for the past six months are: Month Sales Jan 35 Feb 29 Mar 39 Apr 42 May 51 Jun 56 Forecast sales for July using an exponential smoothing model with a smoothing constant of 0.40. Assume that the forecast for May was 36.25
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Ed Rogers owns an appliance store. Sales data on a particular model of a DVD player for the past six months are:
Month |
Sales |
Jan |
35 |
Feb |
29 |
Mar |
39 |
Apr |
42 |
May |
51 |
Jun |
56 |
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