Question: Need help with the question, steps would be great. Suppose that our February forecast was for 101 units, and observed demand in February through June

Need help with the question, steps would be great.

Need help with the question, steps would be

Suppose that our February forecast was for 101 units, and observed demand in February through June was as follows: Month Observed Demand February 81 March 89 April 108 May 83 June 101 Further suppose we had been using exponential smoothing with a = 0.4 to forecast demand over this time period. If we continue with that approach, what will our forecast for July be? (Round to 2 decimal places.)

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