Question: Determine the forecast for period 5 using exponential smoothing. The forecasts for periods 2 4 will need to be computed to get a forecast for

Determine the forecast for period 5 using exponential smoothing. The forecasts for periods 24 will need to be computed to get a forecast for period 5. Set \alpha =0.7. Round all forecasts to the nearest whole number.
PERIOD ACTUAL FORECAST
11413
213
316
411

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