Question: Construct an exponential smoothing forecasting model, using w = 0.7, for new orders reported by the manufacturer. Monthly data (in thousands of dollars) to April of 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