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The Owners of Hal's Cookie Company Have Collected Sales Data

Question 77

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The owners of Hal's Cookie Company have collected sales data for the past 8 months. These data are shown as follows: The owners of Hal's Cookie Company have collected sales data for the past 8 months. These data are shown as follows: Using a smoothing constant equal to 0.20 and starting forecast in period 1 of 100, the forecast value for period 9 is approximately 104.2. Using a smoothing constant equal to 0.20 and starting forecast in period 1 of 100, the forecast value for period 9 is approximately 104.2.

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