Question: Below is a table containing data on product demand for the most recent five months along with the forecasts that had been made for those

Below is a table containing data on product demand for the most recent five months along with the forecasts that had been made for those 5 previous months. Use the exponential smoothing method to forecast the number of sales to expect next month. Use the following value of alpha: 0.2.

Month Demand Forecast
1 308 349.2
2 388 340.9
3 344 350.3
4 400 349.1
5 341 359.3

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