Forecasted value using exponential smoothing method.
Make use of simple exponential smoothing with α = 0.33 to forecast battery sales for February through May. Presume that the forecast for January was for 22 set of tires.
|
Month
|
Automobile Tire sets sales
|
|
January
|
28
|
|
February
|
21
|
|
March
|
39
|
|
April
|
34
|