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Exercises: Forecasting O Additional Problem 03-07 (Algo) Soved 2 polnts Skipped eBook print References Graw Given the following demand data, compute a simple exponential

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Exercises: Forecasting O Additional Problem 03-07 (Algo) Soved 2 polnts Skipped eBook print References Graw Given the following demand data, compute a simple exponential smoothing forecast for alpha values of 0.2 and 0.5. Use the actual value in Period 1 as your starting forecast in Period 2. (Round all answers to two decimal places. Use these rounded answers when computing subsequent answers.) Period ctual_ Demand 2 3 4 5 6 7 8 9 10 11 Period 1 2 3 4 5 6 7 8 9 10 11 12 48 47 46 48 46 45 47 45 42 40 41 a = 0.2 Forecast a = 0.5 Forecast prey 3 of Next

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