Suppose that Jane's company uses exponential smoothing to make forecasts. Further suppose that last period's demand forecast was for 500 units, and last period's actual demand was 480 units. Jane's company uses an alpha value of. 20. Today Jane's boss asked her to prepare a forecast for this period. What should that forecast be?
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Home » Business » Suppose that Jane's company uses exponential smoothing to make forecasts. Further suppose that last period's demand forecast was for 500 units, and last period's actual demand was 480 units. Jane's company uses an alpha value of. 20.