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Use simple exponential smoothing with = 0.6 to forecast the tire sales for September...

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Accounting

Use simple exponential smoothing with = 0.6 to forecast the tire sales for September through December. Assume that the forecast for August was for 46 sets of tires. Do your forecasts seem to be biased? Why or why not?

Month

Sales

August

53

September

35

October

48

November

40

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