Question: 2. Company uses exponential smoothing with a = 0.4. Forecasts and actual demand are in the table below: Mar F A Nov 420 424 Dec

2. Company uses exponential smoothing with a =

2. Company uses exponential smoothing with a = 0.4. Forecasts and actual demand are in the table below: Mar F A Nov 420 424 Dec 422 436 Jan 431 434 Feb 433 449 442 450 Apr 447 455 a) Calculate the forecast for May. b) Use trend projection to calculate the forecast for May

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