Problem $18-10($Static$)$

The number of cases of merlot wine sold by the Connor Owen winery in an eight$-$year period is as follows:

Using an exponential smoothing model with an alpha value of $0\mathrm{.}20,$ estimate the smoothed value calculated

as of the end of $2012.$ Use the average demand for $2005$ through $2007$ as your initial forecast for $2008,$ and

then smooth the forecast forward to $2012.($Round your intermediate calculations and final answer to

the nearest whole number.$)$