Simulate a forecast of the demand

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Reference no: EM131911796

Question: The daily demand for chocolate donuts from the Donut-Hole Shop has been recorded for a two-week period.

a. Simulate a forecast of the demand using trend-adjusted exponential smoothing. Use values of A₀ = 90, T₀ = 25, and α = β = .2.

b. Plot the data and the forecast on a graph.

c. Does this appear to be a good model for the data?

Reference no: EM131911796

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