Question: Additional Problem 03-07 (Algo) Given the following demand data, compute a simple exponential smoothing forecast for alpha values of 0.1 and 0.5. 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 0.1 and 0.5. Use the actual value in Period 1 as your starting forecast in Perlod 2. (Round all your calculations to two decimal points) Period Actual Demand 2 4 5 42 43 45 43 42 44 45 43 41 42 41 11 001 Forecast 0.5 Forecast Period 1 2 4 5 6 7 8 10 11 12

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