Solved

John Is Trying to Initialize the Seasonality Indexes for an Exponential

Question 1

Short Answer

John is trying to initialize the seasonality indexes for an exponential smoothing model with seasonality.What is the forecast for quarter 9? The base value smoothing constant is 0.2 while the seasonality constant is 0.3.Use the first year to initialize the model.
 Quarter 12345678 Demand 4025019011069330320280\begin{array} { l l l l l l l l l } \text { Quarter } & 1 & 2 & 3 & 4 & 5 & 6 & 7 & 8 \\\hline \text { Demand } & 40 & 250 & 190 & 110 & 69 & 330 & 320 & 280\end{array}

Correct Answer:

verifed

Verified

Related Questions