Scenario 7.2 - Gulab Greatness Historical demand for gulab jamun from a sweet stall on Commercial...

Scenario 7.2 - Gulab Greatness
Historical demand for gulab jamun from a sweet stall on Commercial Road is as displayed in the table.

Month	Demand (orders)
January	66,753
February	67,686
March	68,641
April	68,979
May	69,278
June	69,577
July	69,602
August	70,348
September	70,806
October	71,011
November	71,819
December	72,752

What is the trend component of Holt's model for period 0?

		642
		462
		66,768
		78,666

Solutions

Expert Solution

462 trend component of Holt's model for period 0.

Thus, slope=m=Trend component of Holt's model for period 0=462.049~462

Colby Messinger answered 2 years ago

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