(Answered) Here is the historical demand for a

Finance

Here is the historical demand for a product:

Annual

Year Demand

2012 900

2013 700

2014 600

2015 500

2016 300

Employ exponential smoothing to calculate the forecast for annual demand in 2017. The annual demand forecast for 2015 was 750. Use 0.4 for the value of alpha.

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