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Using = 0.4 and the following data, compute exponential smoothing forecasts for periods 2 through 8. (Round your intermediate calculations and final answers to 2

Using = 0.4 and the following data, compute exponential smoothing forecasts for periods 2 through 8. (Round your intermediate calculations and final answers to 2 decimal places.)

Period: 1 2 3 4 5 6 7
Forecast: 10
Actual demand: 14 17 16 18 15 18 16
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\begin{tabular}{|c|c|} \hline Period & ExponentialSmoothingForecasts \\ \hline 2 & \\ \hline 3 & \\ \hline 4 & \\ \hline 5 & \\ \hline 6 & \\ \hline 7 & \\ \hline 8 & \\ \hline \end{tabular}

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