Question: 25. Calculate the demand forecast using Exponential smoothing (alfa 0.3) for 2021. (Use 1764 as your first period's (2005) forecast. Round the number) Show your
25.
Calculate the demand forecast using Exponential smoothing (alfa 0.3) for 2021.
(Use 1764 as your first period's (2005) forecast. Round the number)
Show your work in Excel please.
| Period | Demand |
| 2005 | 1498 |
| 2006 | 1514 |
| 2007 | 1524 |
| 2008 | 1552 |
| 2009 | 1576 |
| 2010 | 1612 |
| 2011 | 1642 |
| 2012 | 1690 |
| 2013 | 1734 |
| 2014 | 1790 |
| 2015 | 1840 |
| 2016 | 1908 |
| 2017 | 1972 |
| 2018 | 2048 |
| 2019 | 2118 |
| 2020 | 2206 |
| 2021 | ? |
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