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6 Nov 2019
Consulting income at Kate Walsh Associates for the period ofFeburary-July has been as follows:
(income in 1000's)
Feb. 70.0
Mar. 68.5
Apr. 64.8
May 71.7
Jun. 71.3
Jul. 72.8
Use exponential smoothing to forcaste Aug. income. Assume that theinitial forecast for Feb. is $65,000. The smoothing constantselected is x=0.1.
Consulting income at Kate Walsh Associates for the period ofFeburary-July has been as follows:
(income in 1000's)
Feb. 70.0
Mar. 68.5
Apr. 64.8
May 71.7
Jun. 71.3
Jul. 72.8
Use exponential smoothing to forcaste Aug. income. Assume that theinitial forecast for Feb. is $65,000. The smoothing constantselected is x=0.1.
(income in 1000's)
Feb. 70.0
Mar. 68.5
Apr. 64.8
May 71.7
Jun. 71.3
Jul. 72.8
Use exponential smoothing to forcaste Aug. income. Assume that theinitial forecast for Feb. is $65,000. The smoothing constantselected is x=0.1.
Jamar FerryLv2
30 Jan 2019
