Question: Using the five-week moving average, as the Week 6 forecast and an actual Week 6 cash flow of $120,000, determine the forecasted cash flow for

Using the five-week moving average, as the Week 6 forecast and an actual Week 6 cash flow of $120,000, determine the forecasted cash flow for Week 7 using the exponential smoothing approach with a smoothing constant ( a or alpha) equal to 0.40. Week 1$100,000 Week 2$125,000 Week 3$145,000 Week 4$130,000 Week 5$110,000

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