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Inventory Control

Quick practice

Question 1 of 5

A company extends to use exponential smoothing technique for making a forecast for one of its products.  The previous year forecast has been 105 units and the actual demand for the corresponding period turns out to be 85 units.  If the value of smoothing constant \alpha/ is 0.2, the forecast for the next period will be  

A

130

B

101

C

125

D

85

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