Question: In problem 1 , suppose that the forecast for January was 7 5 . Using single exponential smoothing with = 0 . 2 , compute

In problem 1, suppose that the forecast for January was 75. Using single exponential smoothing with =0.2, compute the exponential smoothing forecast for February through June. What is the Forecast demand for June?
a.73.00 to 74.00
b.75.00 to 76.00
c.77.00 to 78.00
d.79.00 to 80.00
(Please make sure that you know how to work by hand)
 In problem 1, suppose that the forecast for January was 75.

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