Question: Mixed Problems. Use Excel Spreadsheet (Copy the table below and Paste it into Excel). Here are the actual tabulated demands for an item for a

Mixed Problems. Use Excel Spreadsheet (Copy the

Mixed Problems. Use Excel Spreadsheet (Copy the table below and Paste it into Excel). Here are the actual tabulated demands for an item for a nine-month period (January through September). Your supervisor wants to test two forecasting methods to see which method was better over this period. Use simple exponential smoothing with an alpha of 0.10 to forecast September, using the average of January through March as the initial forecast for April. (Round your answers to 2 decimal places.) Month January February March April May June July August September Actual 111 129 152 165 168 174 147 140 147 141.55 141.73 137.49 134.10

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