Question: Develop an exponential smoothing forecast (a = 0.50) for periods 11 through 15. Assume that your forecast for period 10 was 214. Period 10 11

Develop an exponential smoothing forecast (a =

Develop an exponential smoothing forecast (a = 0.50) for periods 11 through 15. Assume that your forecast for period 10 was 214. Period 10 11 12 13 14 Demand 230 399 396 271 497 Calculate the forecasts for periods 11 through 15 (enter your responses rounded to two decimal places). Period 10 11 12 Demand 230 399 Forecast 214 396 13 271 14 497 15

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