Question: The table below shows the demand for an iPhone 1 4 Pro in a shop for the last 7 months # Month Demand 1 May
The table below shows the demand for an iPhone Pro in a shop for the last months
#
Month
Demand
May
June
July
August
September
October
November
December
Assume that you are at the end of November and are asked to forecast the demand amount for the next month December using Exponential smoothing with a Since the forecast value of the current month ie November is not available, apply the naive method to find the initial forecast value to predict the demand amount for December.
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