Question: please help me in solving these parts 3. Given the following data: a) Prepare a forecast using smoothing constant =0.40. b) What is the starting

please help me in solving these parts

3. Given the following data: a) Prepare a forecast using smoothing constant =0.40. b) What is the starting point? An initial forecast value must be determined. c) Average of several periods of actual data. d) Subjective estimate (for this example, use 60). e) First actual value (nave approach)

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