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How do you solve the system of linear equations using this equation
1 answer:
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Answer:
Step-by-step explanation:
The formula to calculate the forecast could be determine by using the exponential smoothing method :
Where ,Ft is the Forecast for period t
F(t-1) is the Forecast for the period previous to t
A(t-1) is the Actual demand for the period previous to t
= Smoothing constant
To get the forecast for may and june the above formula with and april forecast of 500 will be used
For march
For April
For May
So forecast for May = 536.25