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Given that the previous forecast of 65 turned out to be four

 
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Given that the previous forecast of 65 turned out to be four units less than the actual demand. The next forecast is 66. What would be the value of alpha if the simple exponential smoothing forecast method is being used?

Submitted: 1149 days and 5 hours ago.
Category: Homework
Value: $9
Status: CLOSED

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Expert:  John replied 1149 days and 5 hours ago.

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Expert TypeEngineer
Category: Homework
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Answered: 2/28/2010

Experience: Bachelors Degree

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