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Given a Prior Forecast Demand Value of 230, a Related

question 65

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Given a prior forecast demand value of 230, a related actual demand value of 250, and a smoothing constant alpha of 0.1, what is the exponential smoothing forecast value for the following period?


Definitions:

English Control

The dominance or governance by England or Great Britain over certain territories, colonies, or geopolitical interests, historically through colonialism and imperialism.

Dutch Colony

Territories around the world that were controlled by the Netherlands from the 16th to the 20th century, notable for their trade networks and colonial influence.

New Netherland

A 17th-century colonial province of the Dutch Republic that was located on the East Coast of North America, including parts of present-day New York, New Jersey, Delaware, and Connecticut.

Hudson River

A river in New York, known for its beauty and historical importance in commerce and art.

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