Question: Please explain why each steps in formula. Why we are dividing a unit n A company has been using exponential smoothing with an alpha of

Please explain why each steps in formula. Why we are dividing a unit n A company has been using exponential smoothing with an alpha of .2 to forecast weekly truck sales. Given the data below, would a naive forecast have provided greater accuracy? Explain. Assume an initial exponential forecast of 60 units in period 2 (i.e., no forecast for period 1).

Period	Demand
1	57
2	62
3	58
4	60
5	60
6	56

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