Given the following actual and forecast demand of a product, use simple exponential smoothing with a smoothing constant,
Posted: Fri May 20, 2022 8:03 am
Given the following actual and forecast demand of a product, use
simple exponential smoothing with a smoothing constant, alpha = 0.6
to update the forecast. Choose the closest number if needed.
Week
1
2
3
4
5
Actual Demand
105
100
125
128
140
Forecast demand
N/A
105
What is the forecast for week 6?
Group of answer choices
127
133
112
105
103
simple exponential smoothing with a smoothing constant, alpha = 0.6
to update the forecast. Choose the closest number if needed.
Week
1
2
3
4
5
Actual Demand
105
100
125
128
140
Forecast demand
N/A
105
What is the forecast for week 6?
Group of answer choices
127
133
112
105
103