Question: Calculate the Exponential Smoothing Forecast for the year 2021 based on the following information and alpha 0.6. Year Ending Inventory level Forecast 2015 234 2016
Calculate the Exponential Smoothing Forecast for the year 2021 based on the following information and alpha 0.6.
| Year | Ending Inventory level | Forecast |
| 2015 | 234 |
|
| 2016 | 309 |
|
| 2017 | 276 |
|
| 2018 | 281 |
|
| 2019 | 302 |
|
| 2020 |
|
|
| 2021 |
|
|
Round your final answer to 3 decimals.
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