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Use simple exponential smoothing with a alpha of .3 to estimate April through Sept.
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month actual
January 110
February 130
March 150
April 170
May 160
June 180
July 140
August 130
September 140
© BrainMass Inc. brainmass.com March 21, 2019, 3:47 pm ad1c9bdddf
https://brainmass.com/business/business-management/forecasting-using-exponential-smoothing-163273
Solution Preview
Please see attached file
alpha= 0.3
We use At for January as the same as the actual quantity for January; ie …
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