Smoothing to forecast the average daily call volume

Reference no: EM131104821

The J.J. Bone Company uses exponential smoothing to forecast the average daily call volume at its call center. The forecast for last month was 782, and then the actual value turned out to be 792. Obtain the forecast for next month for each of the following values of the smoothing constant:α = 0.1, 0.3, 0.5.

Reference no: EM131104821

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