If the forecast for February was 122 and actual demand was 135, what would be the forecast

Question:

If the forecast for February was 122 and actual demand was 135, what would be the forecast for March if the smoothing constant (a) is 0.15? Use exponential smoothing for your calculation.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Introduction To Materials Management

ISBN: 978-9386873248

8th edition

Authors: Arnold J. R. Tony, Gatewood Ann K., M. Clive Lloyd N. Chapman Stephen

Question Posted: