Question: Smoothing Constant Alpha = 0 . 2 for Week 4 , given that the Forecast in Week 1 = 1 1 0 0 ? Week

Smoothing Constant Alpha =0.2 for Week 4, given that the Forecast in Week 1=1100?
Week 1=1000
Week 2=1200
Week 3=1400
Week 4= Predict using the Exponential Smoothing Forecast (Smoothing Constant Alpha =0.2)
Exponential Smoothing
Ft+1=Dt+(1-)Ft
where:
Fi+1= forecast for time period t+1(i.e., the new forecast)
Fr= forecast for time period t(i.e., the carrent forecast)
Di= actual value for time period t
= smoothing constant used to weight Dr and )(1
1520.8
1163.2
1600.0
1500.0
1680.0
 Smoothing Constant Alpha =0.2 for Week 4, given that the Forecast

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