Consider the Following Data -Calculate S₅ Using Simple Exponential Smoothing If S₃ = 19

question 13

Essay

Consider the following data:
$$\begin{array} { c c } \text { Time } & \text { Demand } \\1 & 17 \\2 & 21 \\3 & 19 \\4 & 23 \\5 & 18 \\6 & 16 \\7 & 20 \\8 & 18 \\9 & 22 \\10 & 20 \\11 & 15 \\12 & 22\end{array}$$
-Calculate S₅ using simple exponential smoothing if S₃ = 19.064 and a = 0.2.

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Definitions:

Maslow's Hierarchy

A theory in psychology proposed by Abraham Maslow, categorizing human needs into five levels from basic (such as physiological needs) to higher order (self-actualization).

Physiological Needs

The most basic human needs to be satisfied—water, food, shelter, and clothing.

Hygiene Factor

In Herzberg's motivation theory, factors that can cause dissatisfaction if absent but do not necessarily motivate if present, such as safe working conditions, salary, and company policies.