Exponential smoothening |
F3= F2 + ɑ * (A2- F2) |
where |
A2= Actual demand for Wk 2 |
F2 = Forecast for Week 2 |
ɑ= Smoothening constant |
Hence here |
F3 = 27 + 0.15* (29-27) |
F3 = 27.30 |
F4 = 27.3 + 0.15 * (21-27.3) |
F4=26.36 |
Similarly |
F5 = 26.61 |
F6= 26.97 |
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