Use exponential smoothing with 2 between 01 and 04 to get

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Use exponential smoothing with 2 between 0.1 and 0.4 to get forecasts one period ahead for the following time series. Use an initial value of F 1 = 208 and say which value of 2 is best.

t

1

2

3

4

5

6

7

8

9

10

Demand

212

216

424

486

212

208

208

204

220

200

Reference no: EM13577110

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