In a single exponential smoothing model, finding the forecast value for each period requires having the actual and forecasted values from the proceeding period. The first period should use an estimated average value based on previous estimates.

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The Answer of In a single exponential smoothing model, finding the forecast value for each period requires having the actual and forecasted values from the proceeding period. The first period should use an estimated average value based on previous estimates.

In a Single Exponential Smoothing Model, Finding the Forecast Value