Question: Using exponential smoothing, the forecast for September shipments was 239 units. The actual September shipments were 241. Using an alpha(smoothing constant) of 0.16, the forecast

Using exponential smoothing, the forecast for September shipments was 239 units. The actual September shipments were 241. Using an alpha(smoothing constant) of 0.16, the forecast for October is _____. (Round your answer to one decimal place.)

The weekly demand for an item in a retail store follows a uniform distribution over the range 50 to 60. What would be the weekly demand if its corresponding computer-generated random number is 0.36? (Round your answer to one decimal place.)

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