Question: Using the data set below, what would be the forecast for period 7 using the exponential smoothing method? Assume the forecast for period 6 is

Using the data set below, what would be the forecast for period 7 using the exponential smoothing method? Assume the forecast for period 6 is 16000. Use a smoothing constant of =0.4 (Choose the closest answer.) (CH 5) a. 17000 b, 14030 c. 12660 d. 15220

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