Question: please calculate it manually (dont use excel) 3 4 5 642 623 The following table contains the demand from the last six weeks: Week 2

please calculate it manually (dont use excel)
3 4 5 642 623 The following table contains the demand from the last six weeks: Week 2 Demand 597 556 794 425 (a) Forecast the demand for week 7 using exponential smoothing with a=0.3.(3%) (b) Assume that the forecast for period I was 612, Forecast the demand for week 7 using exponential smoothing with a=0.3.(3%) (c) Write the formula for "exponential smoothing method and prove that, the more recent samples are weighted more heavily. (4%)Step by Step Solution
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