Using the exponential smoothing method

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Given an actual latest demand of 59, a previous forecast of 64, and α = 0.3, what would be the forecast for the next period using the exponential smoothing method?

Reference no: EM131033815

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Using the exponential smoothing method : Given an actual latest demand of 59, a previous forecast of 64, and α = 0.3, what would be the forecast for the next period using the exponential smoothing method?

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