Question: Suppose we are given the data as below: Month Actual Sales Forecast January 250 280 February 300 March 210 April Calculate the forecast for February

Suppose we are given the data as below:

Month

Actual Sales

Forecast

January

250

280

February

300

March

210

April

Calculate the forecast for February by using Exponential Smoothing with =0.3. (Keep two digits after decimal point.)

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