Question: A check - processing center uses exponential smoothing to forecast the number of incoming checks each month. The number of checks received in June was
A checkprocessing center uses exponential smoothing to forecast the number of incoming checks each month. The number of checks received in June was million, while the forecast was million. A smoothing constant of is used
a Using exponential smoothing and given the forecast for the month of July million checks received round your response to one decimal place
b If the checkprocessing center received million checks in the month of July, then using exponential smoothing and given the forecast for the month of August million checks received round your response to one decimal place
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