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Refer to Exhibit 8-2. What is the forecast for March found by the exponential smoothing method with a smoothing constant of 0.3? A. 41.5 B.

Refer to Exhibit 8-2. What is the forecast for March found by the exponential smoothing method with a smoothing constant of 0.3?

A.

41.5

B.

42.8

C.

39.5

D.

40

Refer to Exhibit 8-2. What is the absolute percentage error of the forecast for March found by the exponential smoothing method with a smoothing constant of 0.3?

A.

2.5%

B.

-19%

C.

17%

D.

18%

Exhibit 8-2.The past demand data shown below can be regarded as having a horizontal pattern.

Month

Demand

January

40

February

45

March

50

April

37

Need to know how to solve the 2 problems above. I think I got it right but want to verify my answers

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