Using exponential smoothing, calculate the forecasts for months 2, 3, 4, 5, and 6. The smoothing constant

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Using exponential smoothing, calculate the forecasts for months 2, 3, 4, 5, and 6. The smoothing constant is 0.2, and the old forecast for month 1 is 245.

Month Actual Demand Forecast Demand 1 260 2 230 3 225 4 245 5 250 6 LO.1

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Introduction To Materials Management

ISBN: 9780132337618

6th Edition

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

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Question Posted: Jul 22, 2024 04:00 AM

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Using exponential smoothing, calculate the forecasts for months 2, 3, 4, 5, and 6. The smoothing constant

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Introduction To Materials Management

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