Question: ook int 0 rences Given the following demand data, compute a simple exponential smoothing forecast for alpha values of 0.1 and 0.5. Use the actual
ook int 0 rences Given the following demand data, compute a simple exponential smoothing forecast for alpha values of 0.1 and 0.5. Use the actual value in Pertod 1 as your starting forecast In Perlod 2. (Round all your calculations to two decimal points.) Period Actual Denand 1 33 2 32 4 31 4 29 5 28 6 29 7 31 9 10 11 Period 2 3 4 4 5 6 7 8 9 10 11 12 30 27 27 25 a=0.1 Forecast a=0.5 Forecast
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