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 ( 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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