The Year 2 forecast is 310 because both the actual demand for Year 1 and the initialized forecast for Year 1 are exactly 310. When a weighted average is calculated using two identical values, the result is that same value, regardless of the weights used.
Conditions: The smoothing constant is fixed at 0.4.; The actual demand for Year 1 () is 310.; The initialized forecast for Year 1 () is 310.
The Year 2 forecast is 310 because both the actual demand for Year 1 and the initialized forecast for Year 1 are exactly 310. When a weighted average is calculated using two identical values, the result is that same value, regardless of the weights used.
Conditions: The smoothing constant is fixed at 0.4.; The actual demand for Year 1 () is 310.; The initialized forecast for Year 1 () is 310.