Question: 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

Given the following demand data, compute a simple
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 Perlod 2. (Round all your calculations to two decimal points.) Period Actual Demand 55 56 58 55 56 56 58 56 HEGESSAAN 10 11 Period 1 2 3 4 5 0 7 8 53 54 53 0=03 Forecast Forecast

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