Question: if the exponential smoothing forecast (smoothing factor = .81) for 2022 is 62,445, and demand for the year comes in at 78525, what is the
if the exponential smoothing forecast (smoothing factor = .81) for 2022 is 62,445, and demand for the year comes in at 78525, what is the forecasting error?
| year | demand | forecast | error |
| 2018 | 75000 |
|
|
| 2019 | 125000 |
|
|
| 2020 | 50000 |
|
|
| 2021 | 150015 |
|
|
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