Solved

John Is Trying to Initialize the Seasonality Indexes for an Exponential

Question 28

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

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents