Multiple Choice
Using a simple exponential smoothing model (alpha = 0.3) ,calculations for the most recent period generated a forecast of 25.10 units.Actual demand for that period was 31 units.What is the forecast of demand for the upcoming period?
A) 26.28
B) 26.87
C) 29.23
D) None of the above are correct.
Correct Answer:

Verified
Correct Answer:
Verified
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