railway RRB JE (CBT I + CBT II) Mock Test 2024 Industrial Engineering Production Planning and Inventory Control Forecasting
In a forecasting model using the exponential smoothening method, the actual and forecasted demand for February is 450 and 470. The forecast for March is 455. The value of the exponential smoothening factor is________
1
0.25
2
0.50
3
0.75
4
0.80