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Actual sales for January through April are shown below. table [ [ ObservationMonth , Actual Sales ( A ) Forecasted Sales ( F )
Actual sales for January through April are shown below.
tableObservationMonthActual Sales A Forecasted Sales FJanuary February March April May
Use exponential smoothing with an alpha factor to calculate the forecast for Moy from the above data. Assume the forecast for the initial period January is
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