Forecast demand for March was 950 units, but actual demand turned out to be only 820. If

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Forecast demand for March was 950 units, but actual demand turned out to be only 820.

If the firm is using a simple exponential smoothing technique with a = 0.2, what is the forecast for April?

[Ans. 924 units]

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Operations Management

ISBN: 9788122425871

2009 Edition

Authors: Kumar, S. Anil

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