Determine the forecasted demand for April and May based on adjusted exponential smoothing with ? = .2, ? = .3, a February forecast of 20, and T = 0
Recent past demand for product ZXT is given in the following table.
Month Actual Demand
February 20
March 22
April 33
May 35
June 31
July 48
August 41
Answer: AFApril = 20.52, AFMay = 23.884
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