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Given an actual demand of 57,a previous forecast of 62,and an alpha of .3,what would the forecast for the next period be using simple exponential smoothing?
GSTC
The Global Sustainable Tourism Council, which establishes and manages global standards for sustainable travel and tourism.
Sustainable Tourism
A form of tourism that seeks to minimize its impact on the environment and local cultures while contributing to generating income and employment for the local population.
Consumer Behavior
The study of individuals, groups, or organizations and the processes they use to select, secure, use, and dispose of products, services, experiences, or ideas to satisfy needs and the impacts these processes have on the consumer and society.
Environmental Regulations
Laws and guidelines aimed at protecting the environment by controlling pollution levels, managing natural resources, and enforcing sustainable practices among individuals and businesses.
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