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The following table shows actual demand values for 5 periods. In addition, an assumed forecast value for period 1 is give Complete the table in
The following table shows actual demand values for periods. In addition, an assumed forecast value for period is give Complete the table in order to create a simple exponential smoothing forecast for periods to Use
tablePeriodActual,Forecast
After analyzing the actual demand data in more detail, you notice that there is trend. Which of the following forecasting techniques would be least appropriate for this situation?
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