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Generate a unit demand forecast for a product

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Reference no: EM133173122

As a consultant, you have been asked to generate a unit demand forecast for a product for Year 2013 using exponential smoothing. Actual demand in year 2012 was 950 but the forecast for that year was 1,060. Using this data and a smoothing constant alpha of 0.5, what is the forecast for 2013?

Reference no: EM133173122

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