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Given an Actual Latest Demand of 59, a Previous Forecast

Question 37

Multiple Choice

Given an actual latest demand of 59, a previous forecast of 64, and α = 0.3, what would be the forecast for the next period using the exponential smoothing method?


A) 36.9
B) 57.5
C) 60.5
D) 62.5
E) 65.5

Correct Answer:

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