Question: Please be detailed, show work step by step. I need unique answers only! yes, unique only. Thank you. 3) Actual demand values for the last

Please be detailed, show work step by step. I need unique answers only! yes, unique only. Thank you.

3) Actual demand values for the last four months are as follows. month Demand January 7,000 February 8,000 March 6,000 April 9,000 What is the forecast value (model generated value) for May using exponential smoothing method with Alpha=0.5? Start your forecast by assuming Fianuary=Ajanuary Show all work step by step

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