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Exhibit 11.16 The Following Questions Use the Data Below

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Exhibit 11.16
The following questions use the data below.
The owner of Tim's Toys wants to predict monthly sales. He has collected data for 12 months. He needs your help in analyzing this data using exponential smoothing. Exhibit 11.16 The following questions use the data below. The owner of Tim's Toys wants to predict monthly sales. He has collected data for 12 months. He needs your help in analyzing this data using exponential smoothing.   -Refer to Exhibit 11.16. What formulas should go in cells C3:C16 of the spreadsheet if Bill uses an exponential smoothing forecasting model?
-Refer to Exhibit 11.16. What formulas should go in cells C3:C16 of the spreadsheet if Bill uses an exponential smoothing forecasting model?

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