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Sales of tablet computers at Ted Glickman's electronics store in Washington, D.C., over the past 10 weeks are shown in the table below:
Week | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 |
---|---|---|---|---|---|---|---|---|---|---|
Demand | 20 | 21 | 29 | 38 | 26 | 29 | 37 | 24 | 24 | 28 |
The forecast for weeks 2 through 10 using exponential smoothing with α = 0.50 and a week 1 initial forecast of 20.0 are (round your responses to two decimal places):
Week | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 |
---|---|---|---|---|---|---|---|---|---|---|
Demand | 20 | 21 | 29 | 38 | 26 | 29 | 37 | 24 | 24 | 28 |
Forecast | 20.0 |