Question: Using the data from Table 3: If the forecast for January is 925, using exponential smoothing where alpha = .3, determine the forecast for May.

Using the data from Table 3: If the forecast for January is 925, using exponential smoothing where alpha = .3, determine the forecast for May.

Table 3

Month

Demand

January

850

February

975

March

1200

April

1450

May

1290

Group of answer choices

1007

1140

1208

1313

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