Question: A check - processing center uses ex poncatial smoothing to forecast the number of incoming checks cuch month. The number of checks received in June
A checkprocessing center uses ex poncatial smoothing to forecast the number of incoming checks cuch month. The number of checks received in June was million. While the forecast was million. A smoothing constant of is used!
a What is the forecast for July?
thecne reened millonchekinennotrot
The forecast for August? c
Why might this be an inappropriate forecasting method for this situation"
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