Question

Quarterly sales of flowers at a wholesaler are as shown in table 4. Forecast quarterly sales for the year 5 using exponential smoothing with =0.1 as well as holt's model with =0.1 and =0.1. Which of the two methods do you prefer? Why?

Answer 1

Answer:

Main source of national income.

Main source of employment.

International importance.

Source of saving.

Basis of economic development.

Basis of foreign trade.

Disguised unemployment.

Seasonal occupation.

Supplier of raw materials to industrial sector.

Supply of wage goods.