Question



... 4.19 Income at the architectural firm Spraggins and Yunes for the period February to July was as follows: MONTH FEBRUARY
Use trend-adjusted exponential smoothing to forecast the firms August income. Assume that the initial forecast average for F
0 0
Add a comment Improve this question Transcribed image text
✔ Recommended Answer
Answer #1

Please find attached picture which includes the solution.

The trend adjusted exponential smoothing forecast for august income=$68,597

A B K 1 TREND ADJUSTED EXPENONENTIAL SMOOTHING alpha(a) beta(B) INCOME($ in thousand) SMOOTH FORECAST(F) Formulas Used: 0.1 S

Add a comment
Know the answer?
Add Answer to:
... 4.19 Income at the architectural firm Spraggins and Yunes for the period February to July...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Similar Homework Help Questions
  • Income at the architectural firm Spraggins and Yunes for the period February to July was as?...

    Income at the architectural firm Spraggins and Yunes for the period February to July was as? follows: ?????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????   Month February March April May June July Income? ($000's) 90.090.0 91.591.5 96.096.0 85.485.4 92.292.2 96.096.0 Assume that the initial forecast for February is 85.085.0 ?(in $? thousands) and the initial trend adjustment is 0. The smoothing constants selected are alpha? ?= 0.20.2 and beta? ?= 0.30.3. Using? trend-adjusted exponential? smoothing, the forecast for the architectural? firm's August income is nothing thousand dollars...

  • t View History Bookmarks Window Help MANAGEMENT OF OPERATIONS (1) Chris Mazza 3/25/18 154 PM omework:...

    t View History Bookmarks Window Help MANAGEMENT OF OPERATIONS (1) Chris Mazza 3/25/18 154 PM omework: Homework 4 core: 0.5 of 1 pt 5 of 10 (8 complete) Score: 44.81%, 4.48 of 10 p Problem 4.19 Question Help Income at the architectural frm Spraggins and Yunes for the period February to July was as follows ebruary March ApriMay June y Income (5000's) asme that the iial forecast for February-s 300(inSthoaands) ad the intal tend adusmert is 0. The smoohngensants selected...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT