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For a product, the forecast and the actual sales for December 2002 were 25 and 20 respectively. If the exponential smoothing constant (α) is taken as 0.2, then forecast sales for January, 2003 would be:a)21 b)23 c)24 d)27Correct answer is option 'C'. Can you explain this answer? for Mechanical Engineering 2024 is part of Mechanical Engineering preparation. The Question and answers have been prepared according to the Mechanical Engineering exam syllabus. Information about For a product, the forecast and the actual sales for December 2002 were 25 and 20 respectively. If the exponential smoothing constant (α) is taken as 0.2, then forecast sales for January, 2003 would be:a)21 b)23 c)24 d)27Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for Mechanical Engineering 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for For a product, the forecast and the actual sales for December 2002 were 25 and 20 respectively. If the exponential smoothing constant (α) is taken as 0.2, then forecast sales for January, 2003 would be:a)21 b)23 c)24 d)27Correct answer is option 'C'. Can you explain this answer?.

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