Question: Given the following sales data: week 1: 20 week 2: 29 week 3: 34 week 4: 21 week 5: 22 Forecast sales for week 6
Given the following sales data:
week 1: 20
week 2: 29
week 3: 34
week 4: 21
week 5: 22
Forecast sales for week 6 using an exponential smoothing forecast with alpha = 0.4. Intialize using F(2) = [ A(1) + A(2) ] / 2.
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