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Category > EngineeringPosted 09 Jun 2017My Price7.00
An automobile dealer is using Holt’s method to forecast weekly car sales.
An automobile dealer is using Holt’s method to forecast weekly car sales. Currently, the level is estimated to be 50 cars per week, and the trend is estimated to be six cars per week. During the current week, 30 cars are sold. After observing the current week’s sales, forecast the number of cars three weeks from now. Use α = β = 0.3.