Given an actual demand this period of 67, a forecast for this period of 58, and an alpha of 0.3, what would the forecast for the next period be using exponential smoothing?
A) 55.3
B) 57.1
C) 58.9
D) 61.0
E) 60.7

Question

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The Answer of Given an actual demand this period of 67, a forecast for this period of 58, and an alpha of 0.3, what would the forecast for the next period be using exponential smoothing?
A) 55.3
B) 57.1
C) 58.9
D) 61.0
E) 60.7

Given an Actual Demand This Period of 67, a Forecast