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Managing Supply Chain and Operations 1st Edition by Thomas Foster ,Scott Sampson,Cynthia Wallin,Scott Webb
Edition 1ISBN: 9780134110219Managing Supply Chain and Operations 1st Edition by Thomas Foster ,Scott Sampson,Cynthia Wallin,Scott Webb
Edition 1ISBN: 9780134110219 Exercise 28
Use the following 12 periods of demand to produce a double exponential smoothing forecast for period 13. Use a smoothing constant, a t. equal to 0.35. Use 536 as the initial forecast values.
Explanation
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Naive forecasting methods:
It is one o...
Managing Supply Chain and Operations 1st Edition by Thomas Foster ,Scott Sampson,Cynthia Wallin,Scott Webb
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