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The following table shows the actual demand observed over the last 11 years: Year 1234567891011 Demand 686913712138118 Part 2 Using exponential smoothing with = 0.50

The following table shows the actual demand observed over the last 11 years:

Year1234567891011Demand686913712138118

Part 2

Using exponential smoothing with

=

0.50

and a forecast for year 1 of

5.0,

provide the forecast from periods 2 through 12 (round your responses to one decimal place).

Year123456789101112Forecast

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