11eab92b_c4ae_49e9_99e6_f704d26bec54 What Is This Year's Forecast Using Exponential Smoothing with Alpha

question 92

Short Answer

11eab92b_c4ae_49e9_99e6_f704d26bec54 What is this year's forecast using exponential smoothing with alpha = .25,if last year's smoothed forecast was 45?

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Definitions:

Debit Column

In bookkeeping, the column in an account where debits are recorded, typically on the left-hand side.

Assets

Economic resources owned or controlled by a business or individual, expected to bring future benefits.

Expenses

The costs incurred in the process of generating revenues, including costs like rent, salaries, and utilities.

Revenues

The gross revenue stemming from the primary operational activities of a firm, particularly from selling products or services.