Question: Problem 5: (4 pts): 1. A company sells computers. Monthly sales for a six-month period are as follows: Month Actual Sales January 18,000 February 22,000

Problem 5: (4 pts): 1. A company sells computers.
Problem 5: (4 pts): 1. A company sells computers. Monthly sales for a six-month period are as follows: Month Actual Sales January 18,000 February 22,000 March 16,000 April 18,000 May 20,000 June 24,000 Question: Calculate the sales forecast for the month of July using the exponential smoothing approach with a (smoothing constant) equal to 0.40. Please assume that February's forecast is equal to 18,000 units and the forecast for May is equal to 18,096 units. You do NOT need to show your work. There is NO partial credits for any mistake (i.e., your answer is either right or wrong)

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