Question: Historical sales data is shown below. Round your answer to two decimal places. Using alpha ( (alpha)=0.25 ), what is the exponential smoothing forecast for

Historical sales data is shown below. Round your answer to two decimal places. Using alpha \( (\alpha)=0.25 \), what is the exponential smoothing forecast for period \( 6 ? \) 
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
