Question: Given the following demand data, compute a simple exponential smoothing forecast for alpha values of 0.1 and 0.4. 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 0.4. 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 41
2 41
4 42
4 39
5 39
6 37
7 35
8 33
9 31
10 29
11 31

a shape=0.1 a shape=0.4
Period Forecast Forecast
1
2
3
4
5
6
7
8
9
10
11
12

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