Question: Forecast demand for periods 2 through 4 using exponential smoothing with a Smoothing Constant (alpha) of 0.4, and an initial forecast of 28.0 for period

Forecast demand for periods 2 through 4 using exponential smoothing with a Smoothing Constant (alpha) of 0.4, and an initial forecast of 28.0 for period 1. Also calculate the MAD.

Period	Demand
1	24
2	23
3	26
4	36

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