Using the exponential smoothing method of forecasting

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Using the exponential smoothing method of forecasting, calculate next month's approximate sales forecast, assuming that this month's forecast and actual numbers are $50.74Million and $54Million respectively. (Hint: Assume 1-? = 70% or 0.7).

Reference no: EM13226312

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Using the exponential smoothing method of forecasting : Using the exponential smoothing method of forecasting, calculate next month's approximate sales forecast, assuming that this month's forecast and actual numbers are $50.74Million and $54Million respectively. (Hint: Assume 1-? = 70% or 0.7).

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