Question: Can someone help me understand this problem? The following table shows the actual demand observed over the last 11 years: Year Demand 1 7 2

Can someone help me understand this problem? The

Can someone help me understand this problem?

The following table shows the actual demand observed over the last 11 years: Year Demand 1 7 2 10 3 5 4 7 5 11 6 9 7 13 8 13 9 10 10 11 11 7 Using exponential smoothing with a = 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

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