Question: To calculate the forecast for Year 2 using a smoothing constant of 0 . 6 , we use the formula Forecast for Year 2 =
To calculate the forecast for Year using a smoothing constant of we use the formula
Forecast for Year Smoothing Constant Actual Demand in Year Smoothing Constant Forecast for Year
Forecast for Year
Step : Repeat the process for the following years, using the previous year's forecast as the starting point.
For Year :
Forecast for Year
For Year :
Forecast for Year
For Year :
Forecast for Year
For Year :
Forecast for Year
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