Question
Asked Sep 9, 2019
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Three

What will be the value of X in the given table?
Period
Sales
Exponential smoothing
forecast (alpha = 0.3)
1
100
2
110
100
3
120
X
a) 103
b) 106
c) 109
d) 110
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What will be the value of X in the given table? Period Sales Exponential smoothing forecast (alpha = 0.3) 1 100 2 110 100 3 120 X a) 103 b) 106 c) 109 d) 110

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Expert Answer

Step 1

Exponential smoothing

Exponential smoothing use the formula as given below to forecast for time period t, bas...

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Exponential Smoothing

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