Simulate a forecast of the demand using trend-adjusted, Operation Management

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Simulate a forecast of the demand using trend-adjusted

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?

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Operation Management: Simulate a forecast of the demand using trend-adjusted

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Operation Management: Simulate a forecast of the demand using trend-adjusted

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