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The following table contains the demand from the last 10 months:
                   

MONTH ACTUAL DEMAND
1 36
2 38
3 40
4 41
5 43
6 42
7 43
8 45
9 46
10 48

a.  

Calculate the single exponential smoothing forecast for these data using an ? of 0.30 and an initial forecast (F1) of 36. (Round your answers to 2 decimal places.)

                    
Month          Exponential
       Smoothing
1      
2      
3      
4      
5      
6      
7      
8      
9      
10      

Operation Management, Management Studies

  • Category:- Operation Management
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