Question: 4. Using the data set below, what would be the forecast for period 5 using the exponential smoothing method? Assume the forecast for period 4

4. Using the data set below, what would be the forecast for period 5 using the exponential smoothing method? Assume the forecast for period 4 is 15000. Use a smoothing constant of = 0.4 (Choose the closest answer.) (worth 5 points) I Period Actual Demand 1 10000 2 12500 3 14250 15500 5 17220 6 18500

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