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Exhibit 11.16 The Following Questions Use the Data Below

Question 17

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Exhibit 11.16
The following questions use the data below.
The owner of Tim's Toys wants to predict monthly sales. He has collected data for 12 months. He needs your help in analyzing this data using exponential smoothing. Exhibit 11.16 The following questions use the data below. The owner of Tim's Toys wants to predict monthly sales. He has collected data for 12 months. He needs your help in analyzing this data using exponential smoothing. -Refer to Exhibit 11.16. What is the forecast for time period 13?
-Refer to Exhibit 11.16. What is the forecast for time period 13?

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