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Recently introduced product has a positive trend in sales. The product's sales have increased in each of its first eight weeks on the market. The forecast for week 6 was 1,325 (F6 = 1,325), with A6 = 1,283 and T6 = 42. Using smoothing components ∝ = 0.20 and β = 0.30, develop forecasts for weeks 7 and 8.
the following demand history for the past six months: WeekDemand 1 1,000 2 1,050 3 1,125 4 1,150 5 1,250 6 1,300 7 1,310 8 1,400
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Go to Acquisition Central’s Website and explore the Federal Acquisition Regulation
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