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Given the following demand data, compute a simple exponential smoothing forecast for alpha values of 0.2 and 0.4. Use the actual value in Period 1
Given the following demand data, compute a simple exponential smoothing forecast for alpha values of 0.2 and 0.4. 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 Actual Demand 1 2 3 4 5 6 7 8 9 10 11 Period 1 2 3 4 5 6 7 8 9 40 57 56 55 55 52 51 51 50 47 49 46 Answer is not complete. a = 0.4 Forecast a = 0.2 Forecast 57.00 56.60 X 55.70 x 55.56 X 57.00 56.20
forecast through 12 periods
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