Question: Given the following data, use exponential smoothing ) = ( 0 . 3 0 to develop a demand forecast. Assume the forecast for the initial

Given the following data, use exponential smoothing )=(0.30 to develop a demand forecast. Assume the forecast for the initial period is 9.
\table[[Period,1,2,3,4,5,6],[Demand,11,12,10,13,16,12]]
The exponential smoothing forecast is (round your responses to two decimal places):
\table[[Period,1,2,3,4,5,6,7],[Forecast,9.00,,,,,,
 Given the following data, use exponential smoothing )=(0.30 to develop a

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