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Author Question: The owner of the Crossed Connections electronic appliance repair shop is enjoying increasing demand ... (Read 85 times)

fahad

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The owner of the Crossed Connections electronic appliance repair shop is enjoying increasing demand for her services. Total weekly demand, measured in standard labor hours, has been increasing. The owner uses trend-adjusted exponential smoothing to make forecasts for the following week so that she can plan work schedules and staffing levels. She has the following data to prepare her forecast:
At - 1 = 100 hoursα = 0.30
Tt - 1 = 10 hours β = 0.10
Dt = 120 hours
Assuming she is now at the end of week t, what is the forecast for week t + 1?
◦ Fewer than or equal to 114 hours
◦ Greater than 122 hours
◦ Greater than 118 hours but fewer than or equal to 122 hours
◦ Greater than 114 hours but fewer than or equal to 118 hours


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Marked as best answer by fahad on Apr 18, 2020

Danny Ewald

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fahad

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Reply 2 on: Apr 18, 2020
Gracias!


anyusername12131

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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