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The following table shows the actual demand observed over the last 11 years 3 4 Year Demand 1 8 2 8 5 12 6 7
The following table shows the actual demand observed over the last 11 years 3 4 Year Demand 1 8 2 8 5 12 6 7 6 7 13 8 12 8 9 8 7 Using exponential smoothing with a 0 30 and a forecast for year 1 of 7 0 provide the forecast from periods 2 through 12 round your responses to one decimal place Year 1 2 3 4 5 10 13 10 11 6 11 12
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