Forecast sales for the 7th period. For leveling, use exponential smoothing 0.20 and moving average 3 for averaging; and linear and exponential functions for trend data. Assume an initial exponential forecast of 60 units in period 2 if you decide to use it (i.e., no forecast for period 1).     Period Demand 1 67 2 72 3 68 4 20 5 70 6 66 7 68

Elements Of Electromagnetics
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ISBN:9780190698614
Author:Sadiku, Matthew N. O.
Publisher:Sadiku, Matthew N. O.
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Forecast sales for the 7th period. For leveling, use exponential smoothing 0.20 and moving average 3 for averaging; and linear and exponential functions for trend data. Assume an initial exponential forecast of 60 units in period 2 if you decide to use it (i.e., no forecast for period 1).

 

 

Period

Demand

1

67

2

72

3

68

4

20

5

70

6

66

7

68

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