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  2. Topic
    Statistics
  3. Study Set
    Operations and Supply Chain Management
  4. Exam
    Exam 18: Forecasting
  5. Question
    A Company Has Had Actual Unit Demand for Four Consecutive
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A Company Has Had Actual Unit Demand for Four Consecutive

Question 3

Question 3

Short Answer

A company has had actual unit demand for four consecutive years of 100, 110, 125, and 150.The respective forecasts using exponential smoothing were 120 for each of those four years.What value of alpha, the smoothing constant, was the firm using? ____________________________________

Correct Answer:

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