Find the forecast of demand in period 4 using exponential

Reference no: EM13186404

The actual demand of a product in period 1 through 3 are 285, 229, 309 units, respectively. Find the forecast of demand in period 4 using the exponential smoothing model with a smoothing constant of 0.41. The forecast demand for period 1 was 302 units.

Reference no: EM13186404

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