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Develop an exponential smoothing forecast (a = 0.70) for periods 11 through 15. Assume that your forecast for period 10 was 217. Period Demand 10
Develop an exponential smoothing forecast (a = 0.70) for periods 11 through 15. Assume that your forecast for period 10 was 217.
Period Demand
10 258
11 413
12 399
13 297
14 496
Calculate the forecasts for periods 11 through 15 enter your responses rounded to two decimal places).
Period Demand Forecast
10 258 217
11 413
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