Question: You are given the following monthly demand data for Apple Airpods at Verizon. Period 1 : Demand: 1 , 1 8 5 Period 2 :

You are given the following monthly demand data for Apple Airpods at Verizon.
Period 1: Demand: 1,185
Period 2: Demand:1,513
Period 3: Demand:1,410
Period 4: Demand: 1,553
Period 5: Demand: 1,818
Period 6: Demand: 1,840
Period 7: Demand: 2,561
Compute the exponential smoothing forecast for Period 8 with
=0.7.
Initiate the forecast by using the naive forecast for Period 2.

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