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The monthly demand (in units) of a product the past 8 months were: 176, 280, 217, 305,255154, 262, 194 Use at least 4 decimal places
The monthly demand (in units) of a product the past 8 months were: 176, 280, 217, 305,255154, 262, 194 Use at least 4 decimal places in your calculation and no commas in your answer. You want to use the exponential smoothing model with alpha of 0.32. Assuming the forecast for the month 1 was 277 units, then the forecast for month 5 is units. Useat least 4 decimal places
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