(Solution) - A company has experienced the following demand for a product -(2025 Original AI-Free Solution)

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Academic Level: Undergrad. (yrs 3-4)

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A company has experienced the following demand for a product over the most recent nine months. Use the information to produce a single exponential smoothing model for period 10. Use a smoothing constant, ?, equal to 0.40.
Period a t
1???????????????? 928
2???????????????? 861
3???????????????? 872
4???????????????? 852
5???????????????? 855
6???????????????? 658
7???????????????? 640
8???????????????? 716
9???????????????? 527