Question: Based on the information in the following, use the Exponential Smoothing method to forecast the demand in period 13 (January) when a=0.2 PERIOD MONTH Demand

Based on the information in the following, use the Exponential Smoothing method to forecast the demand in period 13 (January) when a=0.2

PERIOD MONTH Demand Forecast ( a=0.2)
1 Jan 110
2 Feb 70 110.00
3 Mar 80 102.00
4 Apr 150 Answer

5 May 130 Answer

6 June 140 Answer

7 July 90 Answer

8 August 120 Answer

9 September 130 Answer

10 October 70 Answer

11 November 160 Answer

12 December 170 Answer

13 January

Explain how to solve plz

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