Yearly forecast analysis, Perform an exponential smoothing

Yearly forecast analysis

Reference no: EM1398597

Perform an exponential smoothing forecast with α=0.3 with the following data. Use the demand for the month of January for the initial forecast.

Month Demand

January 21

February 23

March 34

April 32

May 33

June 35

July 30

August 26

September 24

October 25

November 26

December 28

Reference no: EM1398597

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