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Actual Sales for January Through April Are Shown Below

Question 26

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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 = 0.3 to calculate smoothed values and forecast sales for May from the above data. Assume the forecast for the initial period (January) is 18. Show all of your computations from February through May. Use exponential smoothing with Actual sales for January through April are shown below. Use exponential smoothing with = 0.3 to calculate smoothed values and forecast sales for May from the above data. Assume the forecast for the initial period (January) is 18. Show all of your computations from February through May. = 0.3 to calculate smoothed values and forecast sales for May from the above data. Assume the forecast for the initial period (January) is 18. Show all of your computations from February through May.

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