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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 ?(round your response to two decimal? places).

business   Operations-Management   
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