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Actual demands for the last four months are as follows.

Month: March, April, May, June

Demand: 6, 8, 10, 8

What are the forecast values for March, April, May, June and July based on exponential smoothing method with Alpha = 0.2? Assume the actual value and forecast value for March are the same. Please show work.

Operation Management, Management Studies

  • Category:- Operation Management
  • Reference No.:- M92032955

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