questions and answersQ5(a) The production supervisor at a fiberboard plant uses a simple exponential smoothing technique (a = 0.2) to forecast demand. In April, the forecast was for 20 shipments, and the actual demand was for 20 shipments. The actual demand in May and June was 25 and 26 shipments, respectively. Determine the forecast value for the month of July and the meanQuestion: Q5(a) The production supervisor at a fiberboard plant uses a simple exponential smoothing technique (a = 0.2) to forecast demand. In April, the forecast was for 20 shipments, and the actual demand was for 20 shipments. The actual demand in May and June was 25 and 26 shipments, respectively. Determine the forecast value for the month of July and the mean.
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