Question: Using an exponential smoothing model with an alpha value of 0 . 2 0 , estimate the smoothed value calculated as of the end of

Using an exponential smoothing model with an alpha value of 0.20, estimate the smoothed value calculated as of the end of 8. Use the average demand for years 1 through 3 as your initial forecast, and then smooth the forecast forward to year 8. What would Year 7 be?
Using an exponential smoothing model with an alpha value of 0.20,

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