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 value

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 value in Period 1 as your starting forecast in Period 2. (Round all your calculations to two decimal points.) Period Actual Demand 2 4 5 6 7 8 9 10 11 48 46 48 49 46 45 44 41 40 42 44 O 0.1 Period Forecast 0.5 Forecast 1 2 3 4800 4 5 6 7 8 9 10 11 12

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