An operation analyst is forecasting this year's demand for one of his company's products based on the following historical data: What is this year's forecast using exponential smoothing with alpha = .2,if last year's smoothed forecast was 15,000?
A) 20,000
B) 19,000
C) 17,500
D) 16,000
E) 15,000
Correct Answer:
Verified
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