In Excel, the formula is implemented using relative references for the previous forecast (C4) and actual sales (B4), and an absolute reference (4) for the smoothing constant. The formula can then be copied down the column to calculate forecasts for subsequent periods.
Conditions: The smoothing constant must be stored in a fixed cell and referenced absolutely.; The data is arranged in columns for Week, Unit Sales, and Forecast.
In Excel, the formula is implemented using relative references for the previous forecast (C4) and actual sales (B4), and an absolute reference (4) for the smoothing constant. The formula can then be copied down the column to calculate forecasts for subsequent periods.
Conditions: The smoothing constant must be stored in a fixed cell and referenced absolutely.; The data is arranged in columns for Week, Unit Sales, and Forecast.