Question: Question: Develop two exponential smoothing forecasts for periods 2 through 11. For the first forecast, use a=0.2. For the second, use a=0.7. The manager of

Question: Develop two exponential smoothing forecasts for periods 2 through 11. For the first forecast, use a=0.2. For the second, use a=0.7.

The manager of the Excom Service Station wants to forecast the demand for unleaded gasoline next month so that the proper number of gallons can be ordered from the distributor. The owner has accumulated the following data on demand for unleaded gasoline from sales during the past 10 months

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