Below is a table containing data on product demand for the most recent five months along with the forecasts that had been made for those 5 previous months. Use the exponential smoothing method to...


Below is a table containing data on product demand for the most recent five months along with the forecasts that had been made for those 5 previous months. Use the exponential smoothing method to forecast the number of sales to expect next month.  Use the following value of alpha:  0.2.




































Month

Demand

Forecast
1308349.2
2388340.9
3344350.3
4400349.1
5341359.3


Jun 03, 2022
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