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The following table shows the actual demand observed over the last 4 years: Year 1234 Demand 810610 Part 2 Using exponential smoothing with =0.30 and
The following table shows the actual demand observed over the last 4 years:
Year1234Demand810610
Part 2
Using exponential smoothing with
=0.30
and a forecast for year 1 of
7.0,
provide the forecast from periods 2 through 5 (round your responses to one decimal place).
Year12345Forecast (ES)7.0Step by Step Solution
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