A company wants to estimate the annual demand for year 2016


A company wants to estimate the annual demand for year 2016 using exponential smoothing. The actual demand in year 2015 was 200. The forecast for year 2015 was 170. Set α=0.1. What is the forecast for year 2016?

Request for Solution File

Ask an Expert for Answer!!
Operation Management: A company wants to estimate the annual demand for year 2016
Reference No:- TGS01383373

Expected delivery within 24 Hours