Question: Using the data in following Table, Month Demand January 60 February 68 March 70 April 75 May 80 a). Compute an exponentially smoothed forecast with

Using the data in following Table,

Month

Demand

January

60

February

68

March

70

April

75

May

80

a). Compute an exponentially smoothed forecast with alpha=0.20 through May. (10 pts) b) Compute the forecast for the next month (June). (5 pts)

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