Hoops, Inc., produces videos on the art of shooting in basketball. The firm has experienced the following demand for the most recent four months.
Month Demand
Mar. 10,000
Apr. 2,000
May 20,000
June 30,000
Prepare an exponential smoothing forecast for July, using an ? value of .40. Initiate the process by assuming that the forecast for March is 8,000 units.
Correct Answer:
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