Question: In Problem 4 - 1 , taking actual 2 0 1 5 sales of $ 4 8 , 0 0 0 as the forecast for

In Problem 4-1, taking actual 2015 sales of $48,000 as the forecast for 2016, what sales would you forecast for 2017,2018, and 2019, using exponential smoothing and a weight on actual values of
(a)0.4 and
(b)0.8?

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