Ed Rogers owns an appliance store. Sales data on a particular model of a DVD player for the past six months are:
$$\begin{array} { c c c }
\text { Manth } & & \text { Sales } \
\hline\text { Jan } & & 35 \
\text { Feb } & & 29 \
\text { Mar } & & 39 \
\text { Apr } & & 42 \
\text { May } && 51 \
\text { Jun } & & 56
\end{array}$$ 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.

Question

Ed Rogers owns an appliance store. Sales data on a particular model of a DVD player for the past six months are:
 $$\begin{array} { c c c } 
\text { Manth } & & \text { Sales } \
 \hline\text { Jan } & & 35 \
\text { Feb } & & 29 \
\text { Mar } & & 39 \
\text { Apr } & & 42 \
\text { May } && 51 \
\text { Jun } & & 56
\end{array}$$ 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.

Quizplus · Accepted Answer

The Answer of Ed Rogers owns an appliance store. Sales data on a particular model of a DVD player for the past six months are:
 $$\begin{array} { c c c } 
\text { Manth } & & \text { Sales } \
 \hline\text { Jan } & & 35 \
\text { Feb } & & 29 \
\text { Mar } & & 39 \
\text { Apr } & & 42 \
\text { May } && 51 \
\text { Jun } & & 56
\end{array}$$ 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.

Ed Rogers Owns an Appliance Store Forecast Sales for July Using an Exponential Smoothing Model with Particular