Compute a simple exponential smoothing forecast

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Reference no: EM13230069

The actual demand of the patients at Omaha Emergency Medical clinic for the first six weeks of the year are as follows:

week Actual # of patients

1 65

2 62

3 70

4 48

5 63

6 52

a.) Compute a simple exponential smoothing forecast for week 7 with a=5. Assume the forecast for week 1 is 65.

Reference no: EM13230069

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