Consider the Data Below $$\begin{array} { l l } \text { Period } & \text { Demand } \\\hline 11 & 81 \\12 & 75 \\13 & 82\end{array}$$

question 30

Essay

Consider the data below: $$\begin{array} { l l } \text { Period } & \text { Demand } \\\hline 11 & 81 \\12 & 75 \\13 & 82\end{array}$$ Using exponential smoothing with alpha = .2, and assuming the forecast for period 11 was 80, what would the forecast for period 14 be?

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Definitions:

Macaroni Salad

A type of salad typically made from cooked macaroni pasta and a variety of other ingredients, mixed in a mayonnaise-based dressing.

Quarts

A unit of liquid volume measurement in the United States, equivalent to a quarter of a gallon or approximately 0.946 liters.

Delicatessen

A retail establishment that sells a selection of fine, unusual, or foreign prepared foods, including meats, cheeses, and specialty dishes.

Miles

A unit of distance measuring 5,280 feet, or approximately 1.609 kilometers.