Suppose that the demand in period 1 was 7 units and the demand in period 2 was 9 units. Assume that the forecast for period 1 was for 5 units

If the firm uses exponential smoothing with an alpha value of .20, what should be the forecast for period 3? (Round answers to two decimal places.)
A) 9.00
B) 3.72
C) 9.48
D) 5.00
E) 6.12


E

Business

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