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Management Studies

A company wants to generate a forecast for unit demand for year 2016 using exponential smoothing. The actual demand in year 2015 was 120. The forecast demand in year 2015 was 110. Using these data and a smoothing constant alpha of 0.3, which of the following is the resulting year 2016 forecast value?

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Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M92440801

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