Question: Determine the alpha that minimizes the MSE for the exponential smoothing forecast for the data shown in this table. Use the actual demand from period

Determine the alpha that minimizes the MSE for the exponential smoothing forecast for the data shown in this table. Use the actual demand from period 1 as the forecast for period 2, and then use the forecasts for periods 2 through 9 to calculate the MSE.

Period	Demand
1	272
2	278
3	269
4	280
5	267
6	258
7	278
8	298
9	286
10	290

		0,66
		0.39
		0.57
		0.48

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