period actual forecast 1 162 188 162 172 168.5 208 169.38 193 2. 3. 4-
MATLAB: An Introduction with Applications
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ISBN:9781119256830
Author:Amos Gilat
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Chapter1: Starting With Matlab
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Transcribed Image Text:An analyst is using exponential smoothing to forecast the daily demand for a key
product.
The analyst starts with a naive forecast for time period 2, then begins using
exponential smoothing with a smoothing constant of 0.25. The table below shows
some of the calculations.
period actual forecast
162
188
162
3
172
168.5
4
208
169.38
193
What is the predicted demand for time period 5?
Round your answer to two decimal places.
Your Answer:
Answer
1.
2.
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