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Homework:Chapter 4 Homework

Question 20, Problem 4.36

HW Score: 22.76%, 11.83 of 52 points

Points: 0 of 5

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Part 1

Given the following data, use exponential smoothing

(=0.30)

to develop a demand forecast. Assume the forecast for the initial period is

6.

Period	1	2	3	4	5	6
Demand	10	12	6	9	10	7

Part 2

The exponential smoothing forecast is (round your responses to two decimal places):

Period	1	2	3	4	5	6	7
Forecast	6.00	7.27.2	8.648.64	7.857.85	8.198.19	8.738.73	enter your response here