Question: A store manager forecasts demand for one of its most popular items using exponential smoothing with alpha 0.73 . Two weeks ago, the actual demand
A store manager forecasts demand for one of its most popular items using exponential smoothing with alpha 0.73 . Two weeks ago, the actual demand was 250 , and the forecast was 360 . Last week, actual demand was 410. What is this week's forecast? (Integer Answer, do not put anything other than numbers) Question 5 Demand (measure in units) for a newly opened brewery for the first five months are given below. Feb. 36 Mar: 38 Apr. 43 May 41 Jun. 46 If the demand for July was 51 . What is the forecast for August if a six-month weighted MA method is used with weights of 0.1,0.25,0.05,0.15,0.3, and 0.15 (in chronological order)? (Two Decimal Places, do not put anything other than numbers.)
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