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The following table shows the actual demand observed over the last 4 years: Year 1234 Demand 810610 Part 2 Using exponential smoothing with =0.30 and

The following table shows the actual demand observed over the last 4 years:

Year1234Demand810610

Part 2

Using exponential smoothing with

=0.30

and a forecast for year 1 of

7.0,

provide the forecast from periods 2 through 5 (round your responses to one decimal place).

Year12345Forecast (ES)7.0

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