Question: dont understand what to do, pls help! Given the following demand data, compute a simple exponential smoothing forecast for alpha values of 0.3 and 0.5.

dont understand what to do, pls help!
dont understand what to do, pls help! Given the
Given the following demand data, compute a simple exponential smoothing forecast for alpha values of 0.3 and 0.5. Use the actual value in Period 1 as your starting forecast in Period 2 (Round all your calculations to two decimal points) Period Actual Demand 51 52 1 54 57 51 52 51 51 18 50 47 9 10 11 G=0 Forecast G=05 Forecast period 1 2 3 4 5 5 w 7 8 10 11 12

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