Nathan Mayen I 01/08/23 PM Homework: Chapter 4 Forecasting (Copy) 14 Scores of 1 pt 4 of 15 completa HW Scoret 20N, of 15 Question Problem 4.3a The blowing able shows the actul demand observed over the last year Year 3 1 2 7 9 Demand 4 10 5 12 7 11 10 13 8 12 11 6 Lungepenental moothing win64 und focust for year of 60. provide the forecast tom periode 2 trough 12 found your responses to one decima/ pece 2 3 Forecast 60 64 704 4 5 0 7 8 9 10 11 12 Problem 4.3a The following table shows the actual demand observed over the last 11 years: 3 6 8 6 Year 1 2 4 5 7 8 9 10 11 Demand 7 8 10 12 11 12 8 13 5 Using exponential smoothing with a = 0.40 and a forecast for your 1 of 6.0, provide the forecast from periods 2 through 12 (round your responses to one decimal place). Year 1 3 4 Forecast 6.0 6.4 7.04 2 5 6 7 8 9 10 11 12