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 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. Note: Round all answers to two decimal places. Use these rounded answers when computing subsequent answers.
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