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Problem 2 The Aleidon Middle School forecasts its lunch meals using the exponential smoothing method discussed in this chapter. The recent results and forecasts have

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Problem 2 The Aleidon Middle School forecasts its lunch meals using the exponential smoothing method discussed in this chapter. The recent results and forecasts have been as follows: Forecast Actual Demand Day 1 300 320 Day 2 310 330 Required: 1. Determine the smoothing constant. 2. Provide the forecast of lunch meals for Day 3

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