Consider the demand for some product over the last $12$ periods. The data has been collected in the Microsoft Excel Online file below. Use the Microsoft Excel Online file

below to develop the exponential smoothing forecast and answer the following questions. Assume the forecast for period $2$ is $1,700.$ Use a smoothing constant $($a$)$ value

of $0\mathrm{.}3.$

Open spreadsheet

Questions

Calculate the forecast for the periods from $3$ to $13$ using the exponential smoothing method. Do not round intermediate calculations. Round your answers to the

nearest whole number.

Choose the correct graph for the exponential smoothing forecast.

The correct graph is