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QUESTION
A company has had actual unit demand for four consecutive years of 122, 127, 120, and 121. The respective forecasts using exponential smoothing were...
A company has had actual unit demand for four consecutive years of 122, 127, 120, and 121. The respective forecasts using exponential smoothing were 126 for each of those four years. What value of alpha, the smoothing constant, was the firm using?
