Question: if the exponential smoothing forecast (smoothing factor = .81) for 2022 is 62,445, and demand for the year comes in at 78525, what is the

if the exponential smoothing forecast (smoothing factor = .81) for 2022 is 62,445, and demand for the year comes in at 78525, what is the forecasting error?

year

demand

forecast

error

2018

75000

2019

125000

2020

50000

2021

150015

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