Question: Use exponential smoothing technique. With alpha = 0.1. Assume forecast value for week 1 is same as actual value for week 1 (F1 = A1).
Use exponential smoothing technique. With alpha = 0.1. Assume forecast value for week 1 is same as actual value for week 1 (F1 = A1). Fill out below table. Show all the work.
| week | demand | Forecast (model generated values) |
| 1 | 430 | F1 =
|
| 2 | 289 | F2 =
|
| 3 | 367 | F3 =
|
| 4 | 470 | F4 =
|
| 5 | 468 | F5 =
|
| 6 | 365 | F6 =
|
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