Edsel muffler inc showed the following sales figures for, Ask an Expert

Management Studies

Edsel Muffler, Inc., showed the following sales figures for its stainless steel muffler, Rusty, over the past five months:

Month Sales

August 220

September 240

October 180

November 200

December 160

a. Assume the base value at the end of November was 215 units and the trend value was -25. What would be the forecast for the following February made at the end of December (α=0.2, β=0.4)

b. In case that no base value or trend was provided to you, what would be the forecast for the following February made at the end of December (α=0.2, β=0.4).

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Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M92516406

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