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Other Fields Homework Help Business Topic started by: tthomp96 on Dec 3, 2018



Title: Simple exponential smoothing is being used to forecast demand. The previous forecast of 66 turned ...
Post by: tthomp96 on Dec 3, 2018
Simple exponential smoothing is being used to forecast demand. The previous forecast of 66 turned out to be four units less than actual demand. If the next forecast is 66.6, what is the value of the smoothing constant, α?


Title: Simple exponential smoothing is being used to forecast demand. The previous forecast of 66 turned ...
Post by: mtv123 on Dec 3, 2018
0.15