[All Steps] Exponential Smooting Given an actual demand of 59, a previous forecast of 64, and an alpha of .3, what would the forecast for the next period
Question:
Exponential Smooting
Given an actual demand of 59, a previous forecast of 64, and an alpha of .3, what would the forecast for the next period be using simple exponential smoothing?
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57.5
b) 60.5
c) 62.5
d) 65.6
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Deliverable: Word Document
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