Wednesday 18 February 2015

Advance Simulation and Computer Modelling(CPN Exam Sep,2014)




Mr .Ismaila Maliki wants to know what the situation of his business center would be, in the month of April, 2012.as a consultant, you are presented with the following information;
Actual demand for march.2005 =3750 unit
Forecast for March, 2005=3500 units
Assist him to forecast what the sales would look like for the month of September, using the exponential smoothing forecasting method, with a smoothing constant of 0.43.

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