The following data summarizes the historical demand for a product.
$$\begin{array} { | l | c | }
\hline \text { Month } & \begin{array} { c }
\text { Actual } \
\text { Demand }
\end{array} \
\hline \text { March } & 20 \
\hline \text { April } & 25 \
\hline \text { May } & 40 \
\hline \text { Tune } & 35 \
\hline \text { Tuly } & 30 \
\hline \text { August } & 45 \
\hline
\end{array}$$
Use exponential smoothing with α = .2 and a smoothed forecast for July of 32 to determine August and September's smoothed forecasts.

Question

The following data summarizes the historical demand for a product.
 $$\begin{array} { | l | c | } 
\hline \text { Month } & \begin{array} { c } 
\text { Actual } \
\text { Demand }
\end{array} \
\hline \text { March } & 20 \
\hline \text { April } & 25 \
\hline \text { May } & 40 \
\hline \text { Tune } & 35 \
\hline \text { Tuly } & 30 \
\hline \text { August } & 45 \
\hline
\end{array}$$ 
Use exponential smoothing with α = .2 and a smoothed forecast for July of 32 to determine August and September's smoothed forecasts.

Quizplus · Accepted Answer

The Answer of The following data summarizes the historical demand for a product.
 $$\begin{array} { | l | c | } 
\hline \text { Month } & \begin{array} { c } 
\text { Actual } \
\text { Demand }
\end{array} \
\hline \text { March } & 20 \
\hline \text { April } & 25 \
\hline \text { May } & 40 \
\hline \text { Tune } & 35 \
\hline \text { Tuly } & 30 \
\hline \text { August } & 45 \
\hline
\end{array}$$ 
Use exponential smoothing with α = .2 and a smoothed forecast for July of 32 to determine August and September's smoothed forecasts.

The Following Data Summarizes the Historical Demand for a Product