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imple exponential smoothing is being used to forecast demand. The previous forecast of 7 5 turned out to be 5 units less than actual demand.

imple exponential smoothing is being used to forecast demand. The previous forecast of 75 turned out to be 5 units less than actual demand. The next forecast is 77, implying a smoothing constant, alpha, equal to:
Question 7 Answer
a.
0.01
b.
0.1
c.
0.15
d.
0.2
e.
0.4

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