Business, 23.04.2020 20:54 danielmartinez91

If the forecasted demand for the week of August 31 is 345 and alpha α=0.30, using exponential smoothing, develop the forecast for each of the weeks with the known demand and the forecast for the week of October 12 (round your responses to two decimal places).

Week Of Pints Used Forecast for this Date

August 31 345 345
September 7 389 345.00
September 14 412 358.20
September 21 381 ???

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If the forecasted demand for the week of August 31 is 345 and alpha α=0.30, using exponential smooth...

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