AFP CTP Question Answer
Company XYZ uses exponential smoothing to forecast its daily lockbox receipts. With the help of a statistical computer program, the company has determined that the smoothing constant is 0.35.

Using the data in the table, what is the exponential smoothing forecast for Day 7 (rounded to the nearest whole $)?
AFP CTP Summary
- Vendor: AFP
- Product: CTP
- Update on: Feb 7, 2026
- Questions: 1076

