Given an Actual Demand of 61, Forecast of 58, and An \alpha

question 13

Multiple Choice

Given an actual demand of 61, forecast of 58, and an $\alpha$ of .3, what would the forecast for the next period be using simple exponential smoothing?

• A)57.1
• B)58.9
• C)61.0
• D)65.5

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Definitions:

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