Exotic Wines, Inc. wants to use exponential smoothing with a = 0.25 to forecast demand in bottles
Question:
Exotic Wines, Inc. wants to use exponential smoothing with a = 0.25 to forecast demand in bottles sold. The demand the last four months are 2,321, 3,097, 2,845, and 3,812 bottles. The forecast for bottles was 2,321 bottles for the second month. What is the forecast for the fifth month?
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Related Book For 
Operations And Supply Chain Management
ISBN: 9780357131695
2nd Edition
Authors: David A. Collier, James R. Evans
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