Question: Data on demand over the last few years are available as follows: Demand 7 28 21 Time Period 7 years ago 6 years ago 5

Data on demand over the last few years are available as follows: Demand 7 28 21 Time Period 7 years ago 6 years ago 5 years ago 4 years ago 3 years ago 2 years ago Last year 42 35 56 49 What is this year's forecast using exponential smoothing with alpha = 25, if last year's smoothed forecast was 45? For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac)
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