Question: Current Attempt in Progress Colgan Furniture is interested in using exponential smoothing to forecast its demand of the couches it produces for the upcoming sales

Current Attempt in Progress Colgan Furniture is interested in using exponential smoothing to forecast its demand of the couches it produces for the upcoming sales period. In order to properly weight recent sales numbers, the company decides on a smoothing constant of 0.3 . Using the actual demand for the first period as the Period 1 forecast and the data abome. what is the forecast demand for Period 4 ? 75 units 80 units 77 units 83 units

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