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Using the exponential smoothing method of forecasting, what will be the forecast for the fourth week if the actual and forecasted demand for the third week is 480 and 500 respectively and α = 0.2?a) 400b) 496c) 500d) 504Correct answer is option 'B'. 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 Using the exponential smoothing method of forecasting, what will be the forecast for the fourth week if the actual and forecasted demand for the third week is 480 and 500 respectively and α = 0.2?a) 400b) 496c) 500d) 504Correct answer is option 'B'. 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 Using the exponential smoothing method of forecasting, what will be the forecast for the fourth week if the actual and forecasted demand for the third week is 480 and 500 respectively and α = 0.2?a) 400b) 496c) 500d) 504Correct answer is option 'B'. Can you explain this answer?.

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