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2 The manager of a computer company need to make a good forecast of demand for their computers so that they will know how many
2 The manager of a computer company need to make a good forecast of demand for their computers so that they will know how many parts to purchase and stock. They have compiled demand data for the last 12 months as reported in the table below. Period 1 2 3 4 5 6 Month January February March April May June Demand 37 40 41 37 45 50 Period 7 8 9 10 11 12 Month July August September October November December Demand 43 47 56 52 55 54 3 Refer to question 2, use exponential smoothing with smoothing parameter a = 0.3 to compute the demand forecast for January (Period 13). Assume that the forecast in period 1 is 37. (1 Point) 47.81 49.07 O 51.79 44.30
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