Question: Using exponential smoothing with a smoothing constant ( alpha ) of 0 . 3 , if the current month's demand is 1 5 0

Using exponential smoothing with a smoothing constant (\alpha ) of 0.3, if the current month's demand is 150 and the previous forecast was 140, what is the next month's forecast?
Question 25 options:
141
142
143
144
None of the above

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!