Question: Given the following demand data, compute a simple exponential smoothing forecast for alpha values of 0.1 and 0.4 . Use the actual value in Period

Given the following demand data, compute a simple exponential smoothing forecast for alpha values of 0.1 and 0.4 . Use the actual value in Period 1 as your starting forecost in Period 2. (Round all answers to two decimal places, Use these rounded answers when computing subsequent answers.) \begin{tabular}{|c|r|r|} \hline & \multicolumn{1}{|c|}{a=0.1} & \multicolumn{1}{|c|}{a=0.4} \\ \hline Period & Forecast & Forecast \\ \hline 1 & & \\ \hline 2 & & \\ \hline 3 & & \\ \hline 4 & & \\ \hline 5 & & \\ \hline 6 & & \\ \hline 7 & & \\ \hline 8 & & \\ \hline 9 & & \\ \hline 10 & & \\ \hline 11 & & \\ \hline 12 & & \\ \hline \end{tabular}
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