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Use the exponential smoothing technique to forecast the 2021 demand for production. The = .6; The company decided that the forecasting method that they were
Use the exponential smoothing technique to forecast the 2021 demand for production. The = .6; The company decided that the forecasting method that they were using started having problems in 2020 and wants to compare the exponential smoothing technique to their old techniquestarting with 2021's forecast.What is the forecast for 2021?
actual
forecast
2016 28000
2017 29000
2018 20000
2019 19000
2020 22000
2021
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