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The following table shows the actual demand observed over the last 4 years: Year Demand 1 6 Year Forecast (ES) 2 9 1 5.0 Using
The following table shows the actual demand observed over the last 4 years: Year Demand 1 6 Year Forecast (ES) 2 9 1 5.0 Using exponential smoothing with a = 0.30 and a forecast for year 1 of 5.0, provide the forecast from periods 2 through 5 (round your responses to one decimal place). 3 4 2 3 4 9 4 5
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