Question: Given the following data, use exponential smoothing ( = 0.20) to develop a demand forecast. Assume the forecast for the initial period is 8. Period

Given the following data, use exponential smoothing

(=0.20)

to develop a demand forecast. Assume the forecast for the initial period is 8.

Period123456Demand1012810118

Part 2

The exponential smoothing forecast is (round your responses to two decimal places):

Period1234567Forecast8.00enter your response hereenter your response hereenter your response hereenter your response hereenter your response hereenter your response here

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