Question: Problem 12-7 (Algo) Using a = 0.6 and the following data, compute exponential smoothing forecasts for periods 2 through 8. (Round your intermediate calculations and

Problem 12-7 (Algo) Using a = 0.6 and the

Problem 12-7 (Algo) Using a = 0.6 and the following data, compute exponential smoothing forecasts for periods 2 through 8. (Round your intermediate calculations and final answers to 2 decimal places.) 2 3 4 5 6 7 Period: Forecast: Actual demand: 1 14 18 23 21 23 21 20 22 picture Click here for the Excel Data File Period Exponential Smoothing Forecasts 2 3 4 5 6 7 8

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