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The following table shows the actual demand for new mattresses at a hotel in the last 4 years: Year Actual Demand 1 1 5 2

The following table shows the actual demand for new mattresses at a hotel in the last 4 years:
Year
Actual Demand
1
15
2
23
3
25
4
34
Using exponential smoothing with \alpha =0.8 and an initial forecast of 10, provide a forecast for years 2 through 5:
Year
Actual Demand
Forecast
1
15
10
2
23
[ Select ]
3
25
[ Select ]
4
34
[ Select ]
5
--
[ Select ]

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