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4. Based on the table below, calculate the forecast for July using exponential smoothing. Use an alpha factor (a) of 0.2 in the calculation. Month | Actual demand | Forecast | Alpha factor January | 154 | 158 | 0.20 February | 148 | 157 March | 214 | 155 April | 180 | 167 May | 225 | 170 June | 245 | 181 July | 5. If the forecast for July is 241 and the actual demand for July is 251 units, what would be the forecast error? a. 4 b. 5 c. 7 d. 10 6. Based on the calculated forecast for July in problem 5, if demand for July was 251 units and the forecast was 241 units, what would be the forecast for August if using exponential smoothing with an alpha factor of 0.3? Month | Actual demand | Forecast | Alpha factor January | 154 | 158 | 0.30 February | 148 | 157 March | 214 | 154 April | 180 | 172 May | 225 | 174 June | 245 | 190 July | 251 | 241 August | a. 225 b. 230 c. 239 d. 244 

          4. Based on the table below, calculate the forecast for July using exponential smoothing. Use an alpha factor (a) of 0.2 in the calculation.

Month | Actual demand | Forecast | Alpha factor
January | 154 | 158 | 0.20
February | 148 | 157
March | 214 | 155
April | 180 | 167
May | 225 | 170
June | 245 | 181
July |

5. If the forecast for July is 241 and the actual demand for July is 251 units, what would be the forecast error?
a. 4
b. 5
c. 7
d. 10

6. Based on the calculated forecast for July in problem 5, if demand for July was 251 units and the forecast was 241 units, what would be the forecast for August if using exponential smoothing with an alpha factor of 0.3?

Month | Actual demand | Forecast | Alpha factor
January | 154 | 158 | 0.30
February | 148 | 157
March | 214 | 154
April | 180 | 172
May | 225 | 174
June | 245 | 190
July | 251 | 241
August |

a. 225
b. 230
c. 239
d. 244
Show more…
4. Based on the table below, calculate the forecast for July using exponential smoothing. Use an alpha factor (a) of 0.2 in the calculation. Month | Actual demand | Forecast | Alpha factor January | 154 | 158 | 0.20 February | 148 | 157 March | 214 | 155 April | 180 | 167 May | 225 | 170 June | 245 | 181 July | 5. If the forecast for July is 241 and the actual demand for July is 251 units, what would be the forecast error? a. 4 b. 5 c. 7 d. 10 6. Based on the calculated forecast for July in problem 5, if demand for July was 251 units and the forecast was 241 units, what would be the forecast for August if using exponential smoothing with an alpha factor of 0.3? Month | Actual demand | Forecast | Alpha factor January | 154 | 158 | 0.30 February | 148 | 157 March | 214 | 154 April | 180 | 172 May | 225 | 174 June | 245 | 190 July | 251 | 241 August | a. 225 b. 230 c. 239 d. 244

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Based on the table below, calculate the forecast for July using exponential smoothing. Use an alpha factor (a) of 0.2 in the calculation. Month Actual demand Forecast Alpha factor January 148 157 February 148 157 March 167 157 April 167 157 May 225 170 June 245 181 July If the forecast for July is 241 and the actual demand for July is 251 units, what would be the forecast error? Based on the calculated forecast for July in problem 5, if the demand for July was 251 units and the forecast was 241 units, what would be the forecast for August if using exponential smoothing with an alpha factor of 0.32? Month Actual demand Forecast Alpha factor January 154 158 February 148 158 March 214 158 April 180 158 May 225 190 June 245 190 July 251 241 August
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Based on the table below, calculate the forecast for July using exponential smoothing. Use an alpha factor (a) of 0.2 in the calculation. Month Actual demand Forecast Alpha factor January 148 157 February 148 157 March 167 157 April 167 157 May 225 170 June 245 181 July If the forecast for July is 241 and the actual demand for July is 251 units, what would be the forecast error? Based on the calculated forecast for July in problem 5, if the demand for July was 251 units and the forecast was 241 units, what would be the forecast for August if using exponential smoothing with an alpha factor of 0.32? Month Actual demand Forecast Alpha factor January 154 158 February 148 158 March 214 158 April 180 158 May 225 190 June 245 190 July 251 241 August

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0:00 Okay, let's a resolution.
00:01 So here the forecast value for is calculated as if the alpha factor is 0 .2 plus 0 .8 times forecasted...
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