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Exponential Smoothing Adds a Percentage (Called Alpha) of Last Period's

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Exponential smoothing adds a percentage (called alpha) of last period's forecast to estimate next period's demand.

Understand various cognitive biases and their impact on perception and decision-making.
Grasp the basics of language development and key concepts in linguistics.
Comprehend the reasoning processes, including inductive and deductive reasoning.
Recognize different problem-solving strategies and when they are most applicable.

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