Question: Using a = 0.5 and the following data, compute exponential smoothing forecasts for periods 2 through 8. (Round your intermediate calculations and final answers to

Using a = 0.5 and the following data, compute

Using a = 0.5 and the following data, compute exponential smoothing forecasts for periods 2 through 8. (Round your intermediate calculations and final answers to 2 decimal places.) 2 3 4 5. 6. 7 Period: Forecast: Actual demand: 1 9 12 16 16 14 18 18 22 picture Click here for the Excel Data File Period Exponential Smoothing Forecasts 2 3 4 5 6 7 8

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