Question: Given the following data, use exponential smoothing ( = 0.2) to develop a demand forecast for period 6. Assume the forecast for the initial period

Given the following data, use exponential smoothing ( = 0.2) to develop a demand forecast for period 6. Assume the forecast for the initial period is 5.

1 7
2 9
3 5
4 9
5 13

A) What would be the forecast for period 6 ?

If the demand of period 6 turns out to be 12, what is the mean absolute devotion of the forecasts?

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