(Solved) Sales of Cool-Man air conditioners have grown steadily during the past five years: Year Sales 1 450 2 495 3 518 4 563 5 584 The sales manager had
Question: Sales of Cool-Man air conditioners have grown steadily during the past five years:
| Year | Sales |
| 1 | 450 |
| 2 | 495 |
| 3 | 518 |
| 4 | 563 |
| 5 | 584 |
The sales manager had predicted, before the business started, that year 1’s sales would be 410 air conditioners. Using exponential smoothing with a weight of α = 0.30, develop forecasts for years 2 through 6.
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