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Favors Distribution Company purchases small imported trinkets in bulk, packages them, and sells them to retail stores. In February, the company predicted they would sell
Favors Distribution Company purchases small imported trinkets in bulk, packages them, and sells them to retail stores. In February, the company predicted they would sell 11,000 trinkets. Their sales for February were 9,000 trinkets. Using a smoothing constant of an alpha of 0.2, the sales manager wants to forecast March sales using exponential smoothing. What would it be?
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