Given the following data on the number of pints of ice cream sold at a local ice cream store for a 6-period time frame:
Period Demand
1 200
2 245
3 190
4 270
5 280
6 300
If the forecast for period 5 is equal to 275, use exponential smoothing with α = .40 to compute a forecast for period 7.
273
277
267.8
286.2