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It is now near the end of April and you must prepare a forecast for May for a certain product. The forecast for April was
It is now near the end of April and you must prepare a forecast for May for a certain product. The forecast for April was units. The actual demand for April was units. You are using the exponential smoothing method with alpha The forecast for May is:
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greater than or equal to units but fewer than units.
greater than or equal to units but fewer than units.
fewer than units.
greater than or equal to units.
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