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Exponential Smoothing Example During the past 8 quarters, the Port of Baltimore has unloaded large quantities of grain. (a = .10). The first quarter forecast

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Exponential Smoothing Example During the past 8 quarters, the Port of Baltimore has unloaded large quantities of grain. (a = .10). The first quarter forecast was 175. Quarter Actual 1 180 2 168 3 159 Find the forecast 4 175 5 for the 9th quarter. 190 6 205 180 182 ? 7 8 9

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