Compute simple exponential smoothing forecast

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Reference no: EM13108235

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

Week Actual # of Patients

65
62
70
48
63
52

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

Reference no: EM13108235

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