Question: Use the exponential smoothing technique to forecast the 2018 demand for production. The = .6; The company decided that the forecasting method that they were

  1. Use the exponential smoothing technique to forecast the 2018 demand for production. The = .6; The company decided that the forecasting method that they were using started having problems in 2019 and wants to compare the exponential smoothing technique to their old technique starting with 2019s forecast. What is the forecast for 2021?

actual

forecast

2016

28000

2017

29000

2018

20000

2019

19000

2020

19500

2021

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