Question: Given the time series in Exercise 18.65, and using exponential smoothing with Î± = 0.5, what would have been the forecast for 2009? In exercise

Given the time series in Exercise 18.65, and using exponential smoothing with Î± = 0.5, what would have been the forecast for 2009?
In exercise

Sales thousands) 72.3 78.0 89.7 99.8 97.8 92.9 103.6 107.8 121.0 Sales (thousands) Year 1992 1993 1994 1995 1996 1997 1998 1999 Year 2000 2001 2002 2003 2004 2005 2006 2007 2008 105.8 100.0 86.7 93.9 77.2 99.9 99.6 73.7 2

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