Exponential Smoothing Smoothing Constant between 0.1-0.3 Easier to compute than moving average Most widely used forecasting method, because of its easy use F 1 = 1,050,  = 0.05, A 1 = 1,000 F 2 = F1 +  (A 1 - F 1 ) = 1,050 + 0.05(1,000 – 1,050) = 1,050 + 0.05(-50) = 1,047.5 units BTW, we have to make a starting forecast to get started.
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