The following table shows the actual demand observed over the last 11 years: Year Demand 1 6 2 9…

The following table shows the actual demand observed over the last 11 years: Year Demand 1 6 2 9…

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The following table shows the actual demand observed over the last 11 years: Year Demand 1 6 2 9…
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The following table shows the actual demand observed over the last 11 years:
Year
Demand
1
6
2
9
2
5.3
2
3
4
3
6.4
3
4
7
Using exponential smoothing with a = 0.30 and a forecast for year 1 of 5.0, provide the forecast from periods 2 through 12 (round your responses to one decimal place).
Year
Forecast
1
5.0
6 7
8.2 8.1
4
4 5
5.7 6.1
5
13
5
6
8
Provide the forecast from periods 2 through 12 using the naive approach (enter your responses as whole numbers)
Year
8
Forecast
6
7
8
9
11. 12 10
7
8
8.9
9
9.8
9
10
9
10
11
7
10 11
9.9 9.6
11 12
12
8.8

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