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What is forecast use exponential smoothing to forecast

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Reference no: EM132967612

Marshmallow MadnessHistorical demand for Peeps is as displayed in the table.

Month Demand

January 11

February 18

March 31

April 39

May 44

June 53

July 67

August 82

September 96

Problem 1: Use exponential smoothing to forecast the demand for March. What is the forecast if α = 0.7?

A. 18.74
B. 17.58
C. 19.32
D. 18.26

Reference no: EM132967612

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