Compute the adjusted exponential forecast for the first week of June for a firm with the following
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Compute the adjusted exponential forecast for the first week of June for a firm with the following data. Assume the forecast for the first week of April (F0) as 700 and corresponding initial trend (TO) as 0. Let a = 0. 15, and 1 = 0. 25.
Month April May Week 1 2 3 4 1 2 3 4 Demand 675 625 575 675 650 650 725 740 AppendixLO1
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