I just need help with this question. Question 1
The monthly sales data for
Datastream, Inc., which produces network routers for small companies, are given
in Table below.
Month
Sales
1
34.00
2
33.00
3
42.00
4
34.00
5
36.00
6
43.00
7
34.00
8
33.00
9
43.00
10
31.00
11
35.00
12
41.00
The sales manager wants to
forecast for months 13, 14 and 15. Compute the forecast using exponential
smoothing method with a = 0.25 and
initial forecast value (F1) of 36.58.
Thanks in advance! q1.doc
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