The following table shows the actual demand observed over the last 11 years: Year 1 2 3 4 5 6 7 8 9 10 11 Demand 7 9 5 1

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The Following Table Shows The Actual Demand Observed Over The Last 11 Years Year 1 2 3 4 5 6 7 8 9 10 11 Demand 7 9 5 1 1 (86.25 KiB) Viewed 53 times

The following table shows the actual demand observed over the last 11 years: Year 1 2 3 4 5 6 7 8 9 10 11 Demand 7 9 5 10 13 7 11 13 8 13 8 Using exponential smoothing with α = 0.40 and a forecast for year 1 of 6.0, 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 6.0 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