Question: The below table indicates weekly demand. Complete the third column of the table using exponential smoothing. Week Demand Forecast(=0.2) 1 500 2 600 3 400

The below table indicates weekly demand. Complete the third column of the table using exponential smoothing.

Week

Demand

Forecast(=0.2)

1

500

2

600

3

400

4

300

5

500

Are you able to determine a forecast for the first week with only the information provided?

What is the forecasted demand for the second week?

What is the forecasted demand for the third week?

What is the forecasted demand for the fourth week?

What is the forecasted demand for the fifth week?

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