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The following table shows the actual demand observed over the last 11 years: '21 Year 1 2 3 4 5 6 7 8 9 10
The following table shows the actual demand observed over the last 11 years: '21 Year 1 2 3 4 5 6 7 8 9 10 11 Demand 6 10 6 10 13 9 13 12 9 13 8 Using exponential smoothing with or = 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 1 2 3 4 5 6 7 8 9 10 11 12 Forecast 5.0 5.3 6.4 6.3 7.4 9.1 8.8 10.3' 10.6 10.1 11.1' 10.2' Provide the forecast from periods 2 through 12 using the naive approach (enter your responses as whole numbers). Year 2 3 4 5 6 7 8 9 10 11 12 Forecast D
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