Question: Given the following data, use exponential smoothing (= 0.2) to develop a demand forecast. Assume the forecast for the initial period is 5. PERIOD DEMAND

Given the following data, use exponential smoothing (α= 0.2) to develop a demand forecast. Assume the forecast for the initial period is 5.PERIOD DEMAND 1 7 2 9 3 5 4 9 5 13

PERIOD DEMAND 1 7 2 9 3 5 4 9 5 13 1.0 6 8

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