Question: Given the following data, use exponential smoothing (alpha = .37) to develop a demand forecast. Assume the forecast for the initial period is 20 a.

Given the following data, use exponential
Given the following data, use exponential smoothing (alpha = .37) to develop a demand forecast. Assume the forecast for the initial period is 20 a. What is the forecast for the 9 th period b. What is the MSE? 14.56 c. If a change occurred and if you are now only evaluating from Period 5 onward, with Period 5's forecast as 23. what is the new forecast for Period 9? and the MSE? 20.56

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