Question: Use the exponential smoothing technique to forecast the 2019 demand for production. The = .6; The company decided that the forecasting method that they were

  1. Use the exponential smoothing technique to forecast the 2019 demand for production. The = .6; The company decided that the forecasting method that they were using started having problems in 2019 and wants to compare the exponential smoothing technique to their old technique starting with 2020s forecast. What is the forecast for 2020?

actual

forecast

2015

28000

2016

29000

2017

20000

2018

19000

2019

22000

2020

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