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08-03-2024
Business

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What is the exponentially smoothed trend with a smoothing parameter of 0. 5, a trend smoothing parameter of 0. 3, and an initial trend forecast of 4, given a forecasted demand of 595 and an actual demand of 578?
a) 582. 6
b) 583. 2
c) 584. 8
d) 586. 4

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