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The monthly sales of a retailer are as follows: Month Unit Sales January 55 February 60 March 70 Considering =0.4, use Exponential smoothing to forecast
The monthly sales of a retailer are as follows:
Month
Unit Sales
January
55
February
60
March
70
Considering =0.4, use Exponential smoothing to forecast the sale in April (The forecasted sale for January is equal to 50). What is the forecast of April?
Select one: a. 55.2 b. 52 c. 61.12 d. 70.85
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