Question: Using the following data and exponential smoothing technique to calculate the forecasted demand for Feb 2018. Assume that the predicted demand in January is 100
Using the following data and exponential smoothing technique to calculate the forecasted demand for Feb 2018. Assume that the predicted demand in January is 100 and alpha is 0.5
| Period | Demand | Exponential Smoothing | |
| October | 50 | ||
| November | 59 | ||
| December | 90 | ||
| 2018 | January | 111 | 100 |
| February | 123 | ? | |
| March | 99 |
Group of answer choices
123.5
78.5
105.5
99.5
95.5
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