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 9th period b. What is the MAD? 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 MAD

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