Question: Question 7 For the historical data tabled below and alpha -0.4. what is the Exponential Smoothing forecast for month 4? (Fractional units are acceptable for

Question 7 For the historical data tabled below

Question 7 For the historical data tabled below and alpha -0.4. what is the Exponential Smoothing forecast for month 4? (Fractional units are acceptable for forecast purposes Month Actual Demand Exponential Smoothing Forecast 1 5 8 2 10 8 4 11 9.00 8.50 6.80 8.05 Question 8 3 p Which of the following values of alpha would cause exponential smoothing to behave most like the Naive forecasting approach? 0.50

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