A hospital records the number of floral deliveries its patients receive each day. For a two-week period, the records show the following deliveries. 14, 28, 27, 23, 19, 20, 27, 20, 14, 27, 24, 25, 18, 22 Use exponential smoothing with a smoothing constant of 0.4 to forecast the number of deliveries. (Round your answers to two decimal places.) Time Period Actual Value 1 2 3 4 5 6 7 8 9 10 11 12 13 14 14 28 27 23 19 20 27 20 14 27 24 25 18 22 Forecast

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A hospital records the number of floral deliveries its patients receive each day. For a two-week period, the records show the following deliveries.
14, 28, 27, 23, 19, 20, 27, 20, 14, 27, 24, 25, 18, 22
Use exponential smoothing with a smoothing constant of 0.4 to forecast the number of deliveries. (Round your answers to two decimal places.)
Time Period
1
2
3
4
5
6
7
8
9
10
11
12
13
14
Actual Value
14
28
27
23
19
20
27
20
14
27
24
25
18
22
Forecast
Transcribed Image Text:A hospital records the number of floral deliveries its patients receive each day. For a two-week period, the records show the following deliveries. 14, 28, 27, 23, 19, 20, 27, 20, 14, 27, 24, 25, 18, 22 Use exponential smoothing with a smoothing constant of 0.4 to forecast the number of deliveries. (Round your answers to two decimal places.) Time Period 1 2 3 4 5 6 7 8 9 10 11 12 13 14 Actual Value 14 28 27 23 19 20 27 20 14 27 24 25 18 22 Forecast
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