Question: A firm uses simple exponential smoothing method with a=0.1 to forecast demand. The forecast for the first week of January was 500 units whereas actual

A firm uses simple exponential smoothing method

A firm uses simple exponential smoothing method with a=0.1 to forecast demand. The forecast for the first week of January was 500 units whereas actual demand turned out to be 450 units. What is the forecasted demand for the third week of January? O A. 495 B. 455 O C. 475 O D. Solution can not be found

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