Given the following time series data: 
and using smoothing constants of alpha = 0.3,the exponential smoothing forecast for time period 3 is
Definitions:
Lean Manufacturers
Practices aimed at eliminating waste and improving efficiency in the production process.
Transfer Price
The cost at which different parts of a company conduct transactions among themselves, including the exchange of goods or services between various sections.
Operating Results
Operating results refer to the outcomes of a company's core business operations, indicating profit or loss before financing and tax considerations.
Mixed Nuts Division
A business unit or segment within a company that focuses on the production and sale of mixed nuts. If not a real term in business or accounting, the response would be NO.
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