Below is the sales data for ABC Brothers Inc.: Year Actual Sales Forecasted Sales 2021 $1200 $1400 2022 $1500 $1700 2023 $1750 $2000 Assuming the smoothing constant (p1) to be 0.6, what is the sales forecast for the year 2024 using the Exponential Smoothing method?  

Answer rating: 100% (QA)

To calculate the sales forecast for the year 2024 using the Exponential Smoothing method with a smoo... View the full answer