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 Actual demand for the last four months are as follows

Operations Management Nov 18, 2020

 Actual demand for the last four months are as follows. month January February March April demand 5 5 4 7 What is the forecast value (model generated value) for May using exponential smoothing with Alpha = 0.2? Assume Eisen = Airman (forecast value for January is same as the actual value). Show all work.

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