Question: Develop an exponential smoothing forecast (a = 0.70) for periods 11 through 15. Assume that your forecast for period 10 was 217. Period Demand 10

Develop an exponential smoothing forecast (a = 0.70) for periods 11 through 15. Assume that your forecast for period 10 was 217.

Period Demand

10 258

11 413

12 399

13 297

14 496

Calculate the forecasts for periods 11 through 15 enter your responses rounded to two decimal places).

Period Demand Forecast

10 258 217

11 413

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