Question: Develop an exponential smoothing model with = 0.30 for the data in Problem 12-37 to forecast printer demand in year 11, and compare its

Develop an exponential smoothing model with α = 0.30 for the data in Problem 12-37 to forecast printer demand in year 11, and compare its accuracy to the linear regression forecast developed in Problem 12-37(a).

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Year Demand Forecast 1 381 x 2 579 38100 3 312 44040 4 50... View full answer

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