Using simple exponential smoothing, what would your forecast be for October if the exponentially smoothed forecast for the month July was 450 units and the smoothing constant was 0.20. Month Actual Demand July 400 units August 350 units September 352 units Group of answer choices 414 403 422 None of the above 411

A computer software firm has experienced the demand for their software package as shown below.Month Demand (D)1 562 613 554 705 666 65Using 𝛂 = 0.4, what is the exponential smoothing forecast for month 3? (Assume F1 = 56) (answer in whole number)

Given a prior forecast demand value of 1,000, a related actual demand value of 1100, and a smoothing constant alpha of 0.2, what is the exponential smoothing forecast value? Group of answer choices 1080 1020 1120 1180 980

What is the exponential smoothing forecast for week 3 for the given data? Use a = 0.5. Assume F1=D1  (answer should be correct up to one decimal point)WEEK DEMAND1 8202 7753 6804 655

Consider the following time series: Period 1 2 3 Demand 15 24 26 Forecast the demand for period 3 using exponential smoothing with W (smoothing coefficient) = 0.4. Express your answer without rounding

The manager of a service station wants to forecast the demand of unleaded gasoline next month in order to place an order with the distributor. The manager has accumulated ten months of demand data. Use this data to answer the following TWO questions.month gasoline demandedOctober 360November 326December 284January 225February 290March 311April 329May 365June 540July 441 Flag question: Question 2Question 2Tips8.5 ptsCompute an exponentially smoothed forecast for August, using an 𝛼 value of 0.30. Round to two decimal places.