Question: Use exponential smoothing forecasting method to forecast the sales value provided in the table below for periods 2-10. For the first period use Nave forecasting.

Use exponential smoothing forecasting method to forecast the sales value provided in the table below for periods 2-10. For the first period use Nave forecasting. (Assume F1=A1=30) and (=0.3). Please show your work.

Day

Sales

Forecast for Sales

1

30

2

31

3

28

4

37

5

35

6

29

7

26

8

32

9

35

10

28

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