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Given an Actual Demand of 61, a Previous Forecast of 58

question 43

Multiple Choice

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


Definitions:

Intrathecal

Refers to the administration of medication or other substances directly into the space under the arachnoid membrane of the spinal cord.

Intramuscular

A technique for delivering drugs deep into muscle tissue to facilitate rapid absorption into the circulation system.

Topical

Pertaining to a specific area; local.

STAT

A term used in the medical field indicating an action needs to be taken immediately.

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