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 Exponential Period Demand Smoothing October 50 November 59 December 90 2018 January 111 100 February 123 ? March 99 123.5 78.5 105.5 99.5 95.5

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