Exponential smoothing forecasting function

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If we forecast $100,000 sales for July, we actually sold $200,000 in July, and we want an exponential smoothing forecasting function with the highest noise dampening among @=0.1, @=0.3, @=0.5; if you can, forecast August sales. If you cannot, state what additional information is needed.

Reference no: EM13843338

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Exponential smoothing forecasting function : If we forecast $100,000 sales for July, we actually sold $200,000 in July, and we want an exponential smoothing forecasting function with the highest noise dampening among @=0.1, @=0.3, @=0.5; if you can, forecast August sales. If you cannot, state w..

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