Answer: 60.5
Step-by-step explanation:
The forecast for the next period using the simple exponential smoothing method is given by:
, where D= actual demand for the recent period,
smoothing factor, F= forecast for the recent period .
Given: D= 64, , F= 59
The forecast for the next period =
Hence, the forecast for the next period = 60.5
Answer:
Step-by-step explanation:
<u>Equation of the line</u>
A line can be expressed in many forms.
The equation of the line in slope-intercept form is:
y=mx+b
Being m the slope and b the y-intercept.
The point-slope form of the equation of a line is:
y-k=m(x-h)
Where m is the slope and (h,k) is a point through which the line passes.
The equation of a line passing through points (x1,y1) and (x2,y2) can be found as follows:
We are required to find a line with slope m=4 passing through the origin (0,0).
Using the point-slope form:
y-0=4(x-0)
Simplifying