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The Abram Middle School forecast its lunch meals using the exponential smoothing method discussed in this chapter. The recent results and forecasts have been as

The Abram Middle School forecast 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

A. Determine the smoothing constant.

B. Provide the forecast of lunch meals for Day 3.

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