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The past two years of sales at ACSR Inc. were 2 million units and 4 million units. Their forecast team used a two-period moving average
The past two years of sales at ACSR Inc. were 2 million units and 4 million units. Their forecast team used a two-period moving average to forecast its sales this year. But, the actual sales this year were for 4 million units. Now, the forecast team wants to use exponential smoothing with an alpha of .70. What is the forecast?
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Principles of Accounting
Authors: Belverd Needles, Marian Powers, Susan Crosson
10th edition
618736611, 978-1111809508, 111180950X, 978-0618736614
