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Sales of Cool-Man air conditioners have grown steadily during the past 5 years:
YEAR SALES
1 ...........450
2 ...........495
3 ...........518
4 ...........563
5 ...........584
6 ........... ?
The sales manager had predicted, before the business started, that year 1’s sales would be 410 air conditioners. Using exponential smoothing with a weight of ɑ = 0.30, develop forecasts for years 2 through 6.
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