asjali3646 asjali3646

21-03-2024
Business

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A company wants to forecast demand using exponential smoothing. If the company's yearly sales values for years 2016=120, 2017=140, 2018=140, and 2019=210, and they use a simple exponential smoothing with a smoothing constant of 0.2, what is the forecasted demand for the year 2020?

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