Additional Problem 03-07 (Algo)

Given the following demand data, compute a simple exponential smoothing forecast for alpha values of 0.3 and 0.5. Use the actua value in Period 1 as your starting forecast in Period 2. (Round all your calculations to two decimal points.)

Additional Problem 03-07 (Algo) Given the following demand data, compute a simple exponential smoothing forecast for alpha values of 0.3 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 4 42 41 39 39 36 35 34 34 31 30 27 9 10 11 a = 0.3 Forecast a=0.5 Forecast Period 1 2 3 4 5 6 7 8 9 10 11 12 Additional Problem 03-07 (Algo) Given the following demand data, compute a simple exponential smoothing forecast for alpha values of 0.3 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 4 42 41 39 39 36 35 34 34 31 30 27 9 10 11 a = 0.3 Forecast a=0.5 Forecast Period 1 2 3 4 5 6 7 8 9 10 11 12