The preceding year's averages were used to compute the sales history of a baby wear, as...

Transcribed Image Text:

The preceding year's averages were used to compute the sales history of a baby wear, as shown below. January 23.3 February 72.3 March 30.3 April 15.5 Using the exponential smoothing method and = 0.15, determine the forecast values for February, March, and April if the January forecast is 25. The preceding year's averages were used to compute the sales history of a baby wear, as shown below. January 23.3 February 72.3 March 30.3 April 15.5 Using the exponential smoothing method and = 0.15, determine the forecast values for February, March, and April if the January forecast is 25.