Question: Given the following data, using exponential smoothing ) = ( 0 . 3 what is the demand forecast for period 3 . Assume the forecast

Given the following data, using exponential smoothing )=(0.3 what is the demand forecast for period 3. Assume the forecast for the initial period is 5.
\table[[Period,\table[[Actual],[Demand]],\table[[Exponentially],[Smoothed],[Forecast]]],[1,8,5],[2,9,],[3,5,],[4,9,],[5,Forecast,]]
6.83
5
7.32
7.75
 Given the following data, using exponential smoothing )=(0.3 what is the

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