Question: Given the following demand data, compute a simple exponential smoothing forecast for alpha values of 0 . 3 and 0 . 5 . Use the

Given the following demand data, compute a simple exponential smoothing forecast for alpha values of 0.3 and 0.5. Use the actual value in Period 1 as your starting forecast in Period 2.
Note: Round all answers to two decimal places. Use these rounded answers when computing subsequent answers.
Period Actual Demand
132
233
331
429
530
630
732
832
934
1036
1136

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