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Use Simple Exponential Smoothing with α = 0

question 13

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Use simple exponential smoothing with α = 0.4 to forecast donut sales for March.Assume that the forecast for January was for 28 donuts. Use simple exponential smoothing with α = 0.4 to forecast donut sales for March.Assume that the forecast for January was for 28 donuts.   A) 30.18 B) 30.62 C) 30.96 D) 31.24


Definitions:

Compound Interest

Interest earned on both the initial principal and the interest reinvested from prior periods.

Annuity Stream

A series of equal cash flows distributed at regular intervals over a specified period.

Cash Flow Payments

Transactions involving the inflow and outflow of cash, representing the payment of expenses or receipt of income by an individual or business.

Fixed Length

A predetermined or established length or duration that does not change.

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