Calculate the exponentially smoothed forecast

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a) Calculate the exponentially smoothed forecast of calls for each week. Assume an initial forecast of 50 calls in the first week and use, what is the forecast for the 25th week?

(b) Reforecast each period using

(c) Actual calls during the 25th week were 85. Which smoothing continuous provides a superior forecast?

Reference no: EM1346737

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