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Company A is providing technical support for smartphone users. It sees most of its demand during the evening hours of the day. The demand
Company A is providing technical support for smartphone users. It sees most of its demand during the evening hours of the day. The demand for its support services for the last three days was as follows: Day 1 Time of day Morning Afternoon Evening Morning 2 Afternoon Evening Morning 3 Afternoon Evening Demand (in thousands) 42 75 125 35 88 110 52 65 155 Using a smoothing parameter of 0.25 and an initial forecast of 80, and rounding all intermediate calculations to 2 decimal places, what is the forecast demand for the morning of day 4?
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