Question: Given the following demand data, compute a simple exponential smoothing forecast for alpha values of 0 . 2 and 0 . 5 . Use the

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.
Note: Round all answers to two decimal places. Use these rounded answers when computing subsequent answers.
\table[[Period,Actual Demand],[1,45],[2,44],[3,46],[4,43],[5,44],[6,43],[7,44],[8,44],[9,41],[10,39],[11,40]]
\table[[Period,=0.2,=0.5Monthly attendance at financial planning seminars for the past 24 months, and forecasts and errors for those months, are shown in the following table. Determine if the forecast is working by computing a tracking signal, beginning with month 10, updating MAD with exponential smoothing. Use an alpha value of 0.2.
Note: Round all your calculations to three decimal points.
 Given the following demand data, compute a simple exponential smoothing forecast

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