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Business, 28.01.2020 18:41 Mani2019

As a consultant you have been asked to generate a unit demand forecast for a product for year 2017 using exponential smoothing. the actual demand in year 2016 was 750. the forecast demand in year 2016 was 960. using this data and a smoothing constant alpha of 0.3, which of the following is the resulting year 2017 forecast value? a) 1,023 b) 1,120 c) 897 d) 813 e) 766

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