Business
Business, 10.03.2020 03:33, lalalalal5

A check-processing center uses exponential smoothing to forecast the number of incoming checks each month. The number of checks received in June was 38 million, while the forecast was 43 million. A smoothing constant of 0.20 is used. a) Using exponential smoothing and given alpha, the forecast for the month of July = nothing million checks received (round your response to one decimal place). b) If the check-processing center received 46 million checks in the month of July, then using exponential smoothing and given alpha, the forecast for the month of August = nothing million checks received (round your response to one decimal place). c) Exponential smoothing may not be an appropriate method to use for the check-processing center because:

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