Question: What would be the forecasts for Monday through Thursday using the exponential forecasting approach? Use alpha = 0 . 2 and the na ve approach

What would be the forecasts for Monday through Thursday using the exponential forecasting approach? Use alpha =0.2 and the nave approach to obtain the starting forecast for Monday.(Round your answers to two decimal places).DayDemand (actual)Forecastalpha =0.231Monday3431.00Tuesday2731.60Wednesday3830.68Thursday2932.14

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