Stats Solutions

[Solution] Simple Exponential Smoothing 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: Simple Exponential Smoothing
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?

  1. 57.5
  2. 60.5
  3. 62.5
  4. 65.6

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Solution: The downloadable solution consists of 1 pages
Deliverable: Word Document


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