Question: 213 8.7. Using exponential smoothing, calculate the forecasts for the same months as in problem 8.3c. The old average for month 3 was 96 and

 213 8.7. Using exponential smoothing, calculate the forecasts for the same

213 8.7. Using exponential smoothing, calculate the forecasts for the same months as in problem 8.3c. The old average for month 3 was 96 and =0.4. What is the difference between the two forecasts for month 11 ? \begin{tabular}{|l|l|l|} \hline Week & Actual Demand & Forecast \\ \hline 1 & 102 & \\ \hline 2 & 91 & \\ \hline 3 & 95 & \\ \hline 4 & 105 & \\ \hline 5 & 94 & \\ \hline 6 & 100 & \\ \hline 7 & 106 & \\ \hline 8 & 95 & \\ \hline 9 & 105 & \\ \hline 10 & 98 & \\ \hline 11 & & \\ \hline \end{tabular}

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