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Fit1 = ad,+ (1- a)F, where, Fif= forecast for next period, a = smoothing coefficient, d = demand from the most recent period, F, =
Fit1 = ad,+ (1- a)F, where, Fif= forecast for next period, a = smoothing coefficient, d = demand from the most recent period, F, = Forecast for the given period. Identify the equivalent equation to the exponential smoothing model. OFIty = Fit a( Fr dy) OFIty = Fit aldi - FU O Fit1 = dit ( 1 - a )Fi O F1 = adit (1 - a)Fi
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Precalculus
Authors: Michael Sullivan
9th edition
321716835, 321716833, 978-0321716835
