Question: es Additional Problem 03-07 (Algo) Given the following demand data, compute a simple exponential smoothing forecast for alpha values of 0.2 and 0.5. Use the

es Additional Problem 03-07 (Algo) Given the
es Additional Problem 03-07 (Algo) Given the following demand data, compute a simple exponential smoothing forecast for alpha values of 0.2 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 1 42 2 44 4 42 4 42 5 41 6 41 7 40 8 37 39 37 36 0-02 Forecast 9 10 11 Period 1 2 3. 4 5 6 7 8 9 10 11 12 a=0.5 Forecast

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