Question: Anna S department uses exponential smoothing to make forecasts. Given the last period s demand forecast was for 2 0 , 0 0 0 units

AnnaS department uses exponential smoothing to make forecasts. Given the last periods demand forecast was for 20,000 units and last periods actual demand was 21,000 units, what should be the forecast for the current period? (Annas department uses a smoothing constant (\alpha ) equal to 0.40.)
A.21,000 B.20,600 C.20,400 D.20,000

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