Question: Given the following demand data, compute a simple exponential smoothing forecast for alpha values of 0.2 and 0.5 . Use the actual value in Period

 Given the following demand data, compute a simple exponential smoothing forecast
for alpha values of 0.2 and 0.5 . Use the actual value

Given the following demand data, compute a simple exponential smoothing forecast for alpha values of 0.2 and 0.5 . Use the actual value in Period 1 as your starting forecast in Period 2. (Round all answers to two decimal places. Use these rounded answers when computing subsequent answers.) \begin{tabular}{|c|l|l|} \hline & \multicolumn{1}{|c|}{0=0.2} & \multicolumn{1}{c|}{0=0.5} \\ \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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