Question: Additional Algo 15-9 Forecasting with Trends Last period, the current trend for a product was 34 . The old trend forecast last period was 30
Additional Algo 15-9 Forecasting with Trends Last period, the current trend for a product was 34 . The old trend forecast last period was 30 . With a smoothing constant () of 0.05, what is the new forecasted trend for the current period? Note: Round you answer to 1 decimal place
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