Answer: 60.5
Step-by-step explanation:
The forecast for the next period using the simple exponential smoothing method is given by:
, where D= actual demand for the recent period, smoothing factor, F= forecast for the recent period .
Given: D= 64, , F= 59
The forecast for the next period =
Hence, the forecast for the next period = 60.5
he is wrong because 0.1 is also 0.10 greater than 0.09
it is false, there could be other reasons they wear a jacket other than being cold.
The answer to this problem is 2/5