Question: Construct an exponential smoothing forecasting model, using w = 0.7, for new orders reported by a manufacturer. Monthly data (in thousands of dollars) to April 2007 are
195, 193, 190, 185, 180, 190,185, 186, 184, 185, 198, 199, 200, 201, 199, 187, 186, 191, 195, 200, 200, 190, 186, 196, 198, 200, 200