Question: based pm data. develop the simple exponential smoothing with an alpha factor of 0.1 forecasting model for Q1 - Q4 2010. Assume that 2008 Q1

based pm data. develop the simple exponential smoothing with an alpha factor of 0.1 forecasting model for Q1 - Q4 2010. Assume that 2008 Q1 forecast was 1200. 2008 Quarter Sales Number of customers 1 1,200 2000 2 800 1750 3 200 2200 4 1,000 1500 2009 Quarter Sales Number of customers 1 1,300 1800 2 800 1300 3 250 800 4 1,200 2900

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