Given an actual latest demand of 59,a previous forecast of 64,and $\alpha$ = 0 3,what would be the forecast for the next period using the exponential smoothing method?
A)36 9
B)57 5
C)60 5
D)62 5
E)65 5

Question

Given an actual latest demand of 59,a previous forecast of 64,and $\alpha$ = 0 3,what would be the forecast for the next period using the exponential smoothing method?
A)36 9 
B)57 5 
C)60 5 
D)62 5 
E)65 5

Quizplus · Accepted Answer

The Answer of Given an actual latest demand of 59,a previous forecast of 64,and $\alpha$ = 0 3,what would be the forecast for the next period using the exponential smoothing method?
A)36 9 
B)57 5 
C)60 5 
D)62 5 
E)65 5

Given an Actual Latest Demand of 59,a Previous Forecast of 64,and