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Problem 2: A) Consider the following data: Period Actual Demand January 20 Units February 33 March 28 April 35 May 37 June 25 The sales
Problem 2: A) Consider the following data: Period Actual Demand January 20 Units February 33 March 28 April 35 May 37 June 25 The sales department is planning for July and wants to estimate the demand. Set up an Exponential Smoothing Forecast Model and then compute the demand forecast for July B) Briefly describe two general forecasting approaches. Problem 2: A) Consider the following data: Period Actual Demand January 20 Units February 33 March 28 April 35 May 37 June 25 The sales department is planning for July and wants to estimate the demand. Set up an Exponential Smoothing Forecast Model and then compute the demand forecast for July B) Briefly describe two general forecasting approaches
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