The following table contains the demand from the last 10 months. Calculate the exponential smoothing with trend forecast for these data, using an a of 0.30, a 8 of 0.30, an initial trend forecast (T1) of 1, and an initial exponentially smoothed forecast (F1) of 30. Round your intermediate calculations and answers to two decimal places. MONTH ACTUAL DEMAND Ft Tt FITT 1 2 3 4 5 6 7 8 9 9 31 34 33 35 37 36 38 40 40 41

The following table contains the demand from the last 10 months. Calculate the exponential smoothing with trend forecast for these data, using an a of 0.30, a 8 of 0.30, an initial trend forecast (T1) of 1, and an initial exponentially smoothed forecast (F1) of 30. Round your intermediate calculations and answers to two decimal places. MONTH ACTUAL DEMAND Ft Tt FITT 1 2 3 4 5 6 7 8 9 9 31 34 33 35 37 36 38 40 40 41

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter13: Regression And Forecasting Models

Section13.7: Exponential Smoothing Models

Problem 26P: The file P13_26.xlsx contains the monthly number of airline tickets sold by the CareFree Travel...

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