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When you are using exponential smoothing equation, how do you get the first forecast value when...

When you are using exponential smoothing equation, how do you get the first forecast value when one is not provided?

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Answer #1

A1, A2, A3... An are the actuals value of the first period, second period, third period,....n period respectively.

F1, F2, F3.....Fn are the forecast value of the first period, second period, third period..... n period respectively.

So, in case the first forecast value is not provided.

A1 should be taken as F1

So, A1 = F1.

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