Question: Given the following demand data, compute a simple exponential smoothing forecast for alpha values of 0.1 and 0.5. Use the actual value in Period 1

Given the following demand data, compute a simple exponential smoothing forecast for alpha values of 0.1 and 0.5. Use the actual value in Period 1 as your starting forecast in Period 2. (Round all your calculations to two decimal points.)

Period Actual Demand
1 43
2 42
4 40
4 40
5 40
6 40
7 41
8 42
9 43
10 40
11 40

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