Solved: The number of tons of brake assemblies received at an auto, Basic Statistics

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The number of tons of brake assemblies received at an auto

Question: The number of tons of brake assemblies received at an auto parts distribution center last month was 670. The forecast tonnage was 720. The company uses a simple exponential smoothing model with a smoothing constant of 0.6 to develop its forecasts. What will be the company's forecast for the next month?

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Basic Statistics: The number of tons of brake assemblies received at an auto

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