Question: Given the following demand data for three consecutive months: January ( Actual ) : 1 2 0 units February ( Actual ) : 1 3
Given the following demand data for three consecutive months:
January Actual: units February Actual: units March Actual: units
The forecasted demand was units for February and units for March. The smoothing constant alpha is
What is the forecast for April using Simple Exponential Smoothing?
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