Simple Exponential Smoothing Assignment | Top Essay Writing

Assume that the Union Pearson Express has been operating for 2 months now. A What a Bagel! store located in the UP Express waiting area has been very popular, selling many bagels to the passengers waiting for the next train. In Table 1 below you will find historical data of the daily sales of the store for the last 3 weeks

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Use the simple exponential smoothing method to forecast the sales of the store for day 22. What value did you use for the parameter alpha and why?  With the current information. What is your forecast for day 23?

Day Sales

1 – 148

2 – 274

3 – 294

4- 347

5- 292

6- 115

7- 201

8- 297

9- 195

10-222

11- 256

12- 258

13-331

14-296

15-186

16- 267

17- 276

18- 262

19- 322

20 -126

21- 372. Get Operations Management homework help today

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