Question: Using the Exponential Smoothing Forecasting model and the information below, calculate the demand forecast for Period 5. Please Show Work Forecasted sales of 15,000 for

  1. Using the Exponential Smoothing Forecasting model and the information below, calculate the demand forecast for Period 5. Please Show Work
  • Forecasted sales of 15,000 for Period 4
  • Actual sales of 16,000 for Period 4
  • Smoothing constant () of 0.25

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