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Quantitative Analysis in Business Question No.3: [L05) [2 Marks Demand for a certain model of Camry car during the past 5 months is shown below:

Quantitative Analysis in Business

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Question No.3: [L05) [2 Marks Demand for a certain model of Camry car during the past 5 months is shown below: Months(Time) Demand January 195 February 265 March 315 April 295 May 105 Compute the forecast demand for each month, using single exponential smoothing with a = 0.05. Assuming that forecast for January is 220

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