2.1

private warehouses? using the public ware ale wave How ded? Should we combination of public and Exercises 21 Given the following demand data, use exponential smoothing to cast the demand in time period 13 Time Demand TOS 82 111 117 116 100 (a) Use the average over the 12 time periods as the initial estimates and try different a values (from 01 to 09 with an increment of 0.1) Which a value gives the best fit to the demand data! (b) Use different values for the initial estimate le average over the first 3, 6, and 9 time periods) and reevaluate the a value that gives the best fit to the demand data, Is this a value influenced by the initial estimate? iles from 2006 to 2012. Use insider