The Handy-Dandy Department Store had forecast sales of $110,000 for the last week. The actual sales turned
Question:
a. What is the forecast for this week, using exponential smoothing and α = .1?
b. If sales this week turn out to be $120,000, what is the forecast for next week?
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Related Book For 
Operations Management in the Supply Chain Decisions and Cases
ISBN: 978-0073525242
6th edition
Authors: Roger Schroeder, M. Johnny Rungtusanatham, Susan Goldstein
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