Question: Calculate the exponential smoothing forecast for period 4 using alpha, = 0.20 and the forecast for the first period (F1) was 85 (Round each calculation
Calculate the exponential smoothing forecast for period 4 using alpha, = 0.20 and the forecast for the first period (F1) was 85 (Round each calculation and your final response to the nearset whole number)
| Period | Sales |
| 1 | 83 |
| 2 | 79 |
| 3 | 75 |
| 4 | 84 |
| 5 | 82 |
| 6 | 78 |
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
