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The actual number of patients at the dental clinic for the first 6 weeks of school year are listed in the table below. The clinic manager would like you to forecast the number of patients to expect for week 7. Use exponential smoothing with a smoothing constants of 0.2 and 0.4 to forecast the number of patients. The forecast value is 62. What smoothing constant would you select and why? What is the forecasted number of patients for each alpha value? (Need to answer with the excel form) Week of patients 1 65 2 62 3 70 4 48 5 63 6 52.

Operation Management, Management Studies

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