The forecast of a product for the first week of March was 200 units, whereas the actual demand turned out to be 220 units. i. Find the forecast for the second week of March by assuming the smoothing constant ( ) α as 0.35. ii. Find the forecast for the third week of March if the actual demand of the second week is 210 units.

The forecast of a product for the first week of March was 200 units, whereas the actual demand turned out to be 220 units. i. Find the forecast for the second week of March by assuming the smoothing constant ( ) α as 0.35. ii. Find the forecast for the third week of March if the actual demand of the second week is 210 units.

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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