Question: Additional Problem 03-07 (Algo) Given the following demand data, compute a simple exponential smoothing forecast for alpha values of 0.1 and 0.4. Use the actual

Additional Problem 03-07 (Algo) Given the following demand data, compute a simple exponential smoothing forecast for alpha values of 0.1 and 0.4. Use the actual value in Perlod 1 as your starting forecast In Period 2. (Round all your calculations to two decimal points.) Period Actual Denand 1 2 4 30 20 28 27 25 26 27 26 26 24 21 e 9 10 11 a=0.1 Forecast Period 1 G-04 Forecast 2 3 4 5 6 7 9 10 11 12

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