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Actual Sales for January Through April Are Shown Below

Question 29

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Actual sales for January through April are shown below. Actual sales for January through April are shown below. Use exponential smoothing with = 0.2 to calculate smoothed averages and forecast sales for May from the above data. Assume the forecast for the initial period (January) is 18. Show all of your computations. Use exponential smoothing with Actual sales for January through April are shown below. Use exponential smoothing with = 0.2 to calculate smoothed averages and forecast sales for May from the above data. Assume the forecast for the initial period (January) is 18. Show all of your computations. = 0.2 to calculate smoothed averages and forecast sales for May from the above data. Assume the forecast for the initial period (January) is 18. Show all of your computations.

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