Demand over the next four month was as follows:
Month Demand
June 58
July 58
August 63
Sept 62
We use exponential smoothing, with alpha set at 0.4, to forecast demand. Our July forecast was for 63. What will October forecast be?
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Demand over the next four month was as follows:
Month Demand
June 58
July 58
August 63
Sept 62
We use exponential smoothing, with alpha set at 0.4, to forecast demand. Our July forecast was for 63. What will October forecast be?