The following are the demand values for the first four time periods: t: 1 2 3 4 At: 24 28 20 21 Using exponential smoothing, with a= 0.80, what is the forecasted value for time period 5? (your answer should be recorded to TWO decimal places)

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The following are the demand values for the first four time periods: t:       1        2          3         4 At:    24     28       20       21   Using exponential smoothing, with a= 0.80, what is the forecasted value for time period 5? (your answer should be recorded to TWO decimal places)

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