The business analyst for Movie Sales, Inc. wants to forecast…
The business analyst for Movie Sales, Inc. wants to forecast this year’s demand for Movies based on the following historical data: Time Period Demand 5 years ago 600 4 years ago 800 3 years ago 700 2 years ago 100 Last year 600 What is the forecast for this year using exponential smoothing with alpha = .4, if the forecast for 2 years ago was 750?
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