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 1

Given the following demand data, compute a simple
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 your calculations to two decimal points.) Period 1 Aetual Demand 42 44 42 42 41 41 40 37 39 37 36 0.5 Period Forecast Forecast 1 2 3 4 5 7 B 9 10 11 12

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