Given the following data, use exponential smoothing $(\backslash$alpha $=\mathrm{.}2)$ to develop a demand forecast for period $3.$ Assume the forecast for the initial period is $5.$ What is the forecast if Periods $1$ & $2$ have actual demands of $7$ and $9,$ respectively?

Question $11$Answer

a$.$

$9\mathrm{.}00$

b$.$

$3\mathrm{.}72$

c$.$

$9\mathrm{.}48$

d$.$

$5\mathrm{.}00$

e$.$

$6\mathrm{.}12$