Calculate the single exponential

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Reference no: EM1399866

The following table contains the demand from the last 10 months:

MONTH	ACTUAL DEMAND
1	36
2	38
3	40
4	41
5	43
6	42
7	43
8	45
9	46
10	48

a.	Calculate the single exponential smoothing forecast for these data using an ? of 0.30 and an initial forecast (F₁) of 36. (Round your answers to 2 decimal places.)

Month	Exponential Smoothing
1
2
3
4
5
6
7
8
9
10

Reference no: EM1399866

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