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THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION:
The table below is the data set of the number of preorders received for a particular game on a weekly basis.
The forecaster uses the Holt-Winters Exponential Smoothing for nonseasonal series to forecast the number of preorders in future time periods.
He uses α = 0.8 and β = 0.5.(Hint: Use the formula from the text to arrive at the answers. )
-What is the approximate forecast for week 14?
Return On Investment (ROI)
A financial metric used to evaluate the efficiency of an investment or to compare the efficiencies of several different investments, calculated by dividing net profit by the cost of investment.
Operations Margin
The ratio of operating income to net sales, indicating the efficiency of a company's management by showing the proportion of revenue that turns into profit.
Return On Investment (ROI)
A financial metric used to evaluate the efficiency of an investment, calculated as the profit earned from an investment divided by its cost.
Operating Assets
Assets such as property, plant, and equipment used in the daily operations of a business to generate revenue.
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