0 0 votes The forecast for the monthly demand of a product is given in the table below: $\begin{array}{|c|c|c|} \hline \textbf{Month} & \textbf{Forecast} & \textbf{Actual Sales} \\ \hline 1 & 32.00 & 30.00 \\ \hline 2 & 31.80 & 32.00 \\ \hline 3 & 31.82 & 30.00 \\ \hline \end{array}$ The forecast is made by using the exponential smoothing method. The exponential smoothing coefficient used in forecasting the demand is $0.10$ $0.40$ $0.50$ $1.00$ Inventory Control gateme-2020-set2 operations-research forecasting-models numerical-answers + – ♦go_editor 402 views answer comment Share Follow Add Sync Questions 0 reply Please log in or register to add a comment.
