Suppose that a simple exponential smoothing model is used (with 
= 0.40) to forecast monthly sandwich sales at a local sandwich shop.The forecasted demand for September was 1560 and the actual demand was 1480 sandwiches.Given this information,what would be the forecast number of sandwiches for October?
Definitions:
Dependency Theory
A theory proposing that economic conditions in poorer countries are the result of exploitative policies and practices by more developed countries.
Economic Underdevelopment
A condition in which a country or region is not achieving its economic potential, marked by low GDP per capita, poverty, and low levels of industrialization.
Multinational Corporations
Large companies that own or control production of goods or services in one or more countries other than their home country.
Siphoning Off
The act of diverting or redirecting resources, funds, or energy from one area to another, often in a manner that is secretive or not sanctioned.
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