Determine an exponential smoothing forecasting approach


Assignment:

A police station had to deploy a police officer..

A police station had to deploy a police officer for an emergency multiple times in the last four evenings. The table below shows the number of emergencies each evening.

Weekday

Number of calls each day

Forecast for tomorrow (calls)

 

 

10

Monday

5

 

Tuesday

6

 

Wednesday

7

 

Thursdsay

9

 

a. Complete the "Forecast for tomorrow column in the table above. Use an exponential smoothing forecasting approach, with a-0.3 and a forecast for Monday of 10. (Round your answer to 2 decimal places.) smoothing forecasting approach?

b. What would be their forecast for Friday using the same exponential smoothing forecasting approach?

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Operation Management: Determine an exponential smoothing forecasting approach
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