use exponential smoothing $($alpha$\backslash$alpha equals$=0\mathrm{.}150\mathrm{.}15)$ to develop a demand forecast. Assume the forecast for the initial period is $77.$

$$

Period

$1$

$2$

$3$

$4$

$5$

$6$

Demand

$1010$

$1313$

$66$

$1313$

$1313$

$1212$

Part $2$

The exponential smoothing forecast is $($round your responses to two decimal$$ places$)$:

Period

$1$

$2$

$3$

$4$

$5$

$6$

$7$

Forecast

$77\mathrm{.}00$

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