The past two years of sales at ACSR Inc. were 2 million units and 4 million units. Their forecast team used a two-period moving average to forecast its sales this year. But, the actual sales this year were for 4 million units. Now, the forecast team wants to use exponential smoothing with an alpha of .70. What is the forecast?

Answer rating: 100% (QA)

Sales Forecast this year 242 3 mill... View the full answer