Question: This questions is asking anout forcasting Given the following demand data, compute a simple exponential smoothing forecast for alpha values of 0.1 and 0.4. Use

This questions is asking anout forcasting This questions is asking anout forcasting Given
Given the following demand data, compute a simple exponential smoothing forecast for alpha values of 0.1 and 0.4. Use the actual value in Period 1 as your starting forecast in Period 2. (Round all your calculations to two decimal points.) Period Actual Demand 2 49 51 50 50 51 52 53 54 51 53 50 7 8 9 10 11 004 a 0.1 Forecast Forecast Period 1 2 3 4 5 6 7 8 9 10 11 12

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