Question: A local retailer is thinking to use exponential smoothing to forecast one of his well selling products. His problem is that he is not sure
A local retailer is thinking to use exponential smoothing to forecast one of his well selling products. His problem is that
he is not sure if he has to use a low or high value of a For this
reason, he uses the historical data available and tries with values for a and a to find which a will give smaller
MAD.
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