What was the forecast
Assume last period’s forecast was 31 and the demand was 38.
a. What was the forecast error?
b. What would be the forecast for the next period using an exponential smoothing model with alpha = 0.8? (Round your answer to the nearest whole number.)
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assume last periodrsquos forecast was 31 and the demand was 38a what was the forecast errorb what would be the forecast
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