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 32
2 30
4 31
4 30
5 31
6 33
7 34
8 31
9 33
10 30
11 27

Given the following demand data, compute a simple

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

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