A company wants to generate a forecast for unit demand for


A company wants to generate a forecast for unit demand for year 2016 using exponential smoothing. The actual demand in year 2015 was 120. The forecast demand in year 2015 was 110. Using these data and a smoothing constant alpha of 0.3, which of the following is the resulting year 2016 forecast value?

Request for Solution File

Ask an Expert for Answer!!
Operation Management: A company wants to generate a forecast for unit demand for
Reference No:- TGS02427630

Expected delivery within 24 Hours