Question: 1.what quantitative method for demand forecasting will be the most suitable for a new model for car and why? a life of a car model
1.what quantitative method for demand forecasting will be the most suitable for a new model for car and why? a life of a car model is about 3 - 5 years with some minor variation in demand everyday ?
2. explain exponential smoothing technique of demand forecasting with the help of example? what factors would determine the value of alpha?
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