Question: QUESTION 7 Using the following Data Set, what would be the forecast for period 6 using the exponential smoothing method? Assume the forecast for period

QUESTION 7 Using the following Data Set, what would be the forecast for period 6 using the exponential smoothing method? Assume the forecast for period 5 is 14000. Use a smoothing constant of = 0.4 (Choose the closest answer.) Period 1,2,3,4,5,6,7,8,9,10 and corresponding Sales Volume for each period is 10000, 12400, 14250, 15750, 20500, 18500, 15750, 20500, 21500, 22550. 14575 26100 16600 19700

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