Tag: causal forecasting

Decision Analysis and Forecasting Exercises

Unit 4 Exercises Question 4.1 Use exponential smoothing with trend adjustment to forecast demand for period 11. Let α = 0.5,  = 0.3, and let the initial trend value be 12 and the initial forecast be 200. Period Actual Demand 1 200 2 212 3 214 4 222 5 236

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