Demand for a certain product is forecast to be 851 annually. The product follows a seasonal pattern, for which the January monthly index is 0.64. What is the seasonally-adjusted sales forecast for January? QUESTION S Suppose that the demand in Year 1 was 51 units and the demand in Year 2 was 53 units. Assume that the forecast for Year 1 was The firm uses exponential smoothing with an alpha value of 0.45. What should be the forecast for year 3? (Round answers to two decimal places.) Year Demand Forecast 65 1 51 2 53 3
