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Margarita [4]
2 years ago
13

Given a prior forecast demand value of 230, a related actual demand value of 250, and a smoothing constant alpha of 0.1, what is

the exponential smoothing forecast value for the following period
Business
1 answer:
mojhsa [17]2 years ago
3 0

Answer:

232

Explanation:

Calculation for what is the exponential smoothing forecast value for the following period

Exponential smoothing forecast value=230 + 0.1 * (250-230)

Exponential smoothing forecast value=230 + 0.1*20

Exponential smoothing forecast value = 232

Therefore the exponential smoothing forecast value for the following period will be 232

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