John's Office Supply Company has the following order history over the last 7 months.

Compute an exponential smoothing forecast for November, with a smoothing constant of α = .25. To start the procedure, assume that the forecast for April was 100. Round each forecast to two decimal places.

Question

John's Office Supply Company has the following order history over the last 7 months.
  
Compute an exponential smoothing forecast for November, with a smoothing constant of α = .25. To start the procedure, assume that the forecast for April was 100. Round each forecast to two decimal places.

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The Answer of John's Office Supply Company has the following order history over the last 7 months.
  
Compute an exponential smoothing forecast for November, with a smoothing constant of α = .25. To start the procedure, assume that the forecast for April was 100. Round each forecast to two decimal places.

John's Office Supply Company Has the Following Order History Over