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Business, 15.10.2019 18:30 PLEASEHELP4528

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 44 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: a. the check-processing center should observe an increasing trend in its processing requirements. b. the check-processing center should observe seasonality in its processing requirements. c. the check-processing center's forecast is very hard to make as its processing requirements should have a very high variability. d. the check-processing center should observe a cyclical trend in its processing requirements.

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