Question: Additional Problem 03-07 (Algo) Given the following demand data, compute a simple exponential smoothing forecast for alpha values of 0.3 and 05. Use the actual

Additional Problem 03-07 (Algo) Given the
Additional Problem 03-07 (Algo) Given the following demand data, compute a simple exponential smoothing forecast for alpha values of 0.3 and 05. Use the actual value in Period 1 as your starting forecast In Period 2. (Round all your calculations to two decimal points) Period NON Act Demand 59 61 60 62 63 4 4 5 6 9 1e 11 61 Penod Forecast Forecast 1 2 3 4 5 7 8 9 10 11 12

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